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Mathematics, 14.07.2019 11:00 SMILEDOG
Need calculating average daily balancecalculate the average daily balance and finance charge. (round your answers to the nearest cent.) 30-day billing cycle 9/16 billing date previous balance $ 2,700 9/19 payment $ 67 cr. 9/30 charge: home depot 1,850 10/3 payment 67 cr. 10/7 cash advance 77 finance charge is 1.25% on average daily balance. average daily balance $ finance charge $ i've tried every which way and can't seem to figure it out. 3 days at $2700 = 8100 11 days at 2633(2700-67) =28963 3 days at 4483(2633+1850) =13449 4 days at 4416(4483-67)=17667 9 days at 4493(4416+77) =40437 total 108616 divided by 30 = 3620.53 but that's incorrect. can anyone me figure this out?
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