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Mathematics, 25.02.2021 01:00 joejoefofana

*PLEASE SEE ATTACHED IMAGE FOR FORMATTED QUESTION* On February 3​, the billing​ date, Carol Ann Bluesky had a balance due of ​$129.51 on her credit card. Her bank charges an interest rate of​ 1.25% per month and uses the average daily balance method. She made the transactions described in the table during the month.

a) Find Carol​ Ann's average daily balance for the billing period from February 3 to March 3. Assume it is not a leap year.
​b) Find the finance charge to be paid on March 3.
​c) Find the balance due on March 3.
​d) Compare the result obtained to those obtained using the previous balance method.


*PLEASE SEE ATTACHED IMAGE FOR FORMATTED QUESTION*

On February 3​, the billing​ date, Carol Ann B

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