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Business, 20.12.2019 01:31 amypeace1978

Cody lind’s most recent credit card statement follows. his finance charge is 18% apr. calculate cody’s average daily balance, finance charge and new balance. (round your final answers to the nearest cent.)

30-day billing cycle

9/2 billing date $1,200 previous balance

9/7 payment $100 cr.

9/13 charge: kohl’s $350

9/17 payment $200 cr.

9/28 charge: walmart $50

determine the follwoings

(a)-average daily balance

(b)-finance charge

(c)-new balance

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