Select Page

For the credit card account, assume one month between billing dates? (with the appropriate number of? days) and interest of 1.4 % per month on the average daily balance. Find?(a) the average daily? balance,?(b) the monthly finance? charge, and?(c)the account balance for the next billing.Previous? Balance: ?$762.69July 6 Payment Billing DateJuly 14 Payment $300.00July 29 Lunch $45.19August 5 Concert Tickets .54A) The average daily balance is _______B) The monthly finance charge ________C) The Account balance for the next billing _______