Dallas Pierce’s most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallas’s average daily balance, finance charge, and new balance. 30-day billing cycle 9/2 Billing...


Dallas Pierce’s most recent credit card statement follows. His finance charge is 18% APR. Calculate Dallas’s average daily balance, finance charge, and new balance.














































30-day billing cycle



9/2



Billing date



$



1,070



previous balance



9/7



Payment



$



260



cr.



9/13



Charge: Kohl’s



$



450





9/17



Payment



$



280



cr.



9/28



Charge: WalMart





95



Average daily balance


Finance charge


New balance



Jun 02, 2022
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