Dallas Pierce's most recent credit card statement follows. Her finance charge is 18% APR. Calculate Dallas's average daily balance finance charge, and new balance. Note: Round your final answers to the nearest cent. 9/2 9/7 9/13 9/17 9/28 Average daily balance Finance charge New balance 30-day billing cycle Billing date Payment Charge: Kohl's Payment Charge: WalMart $ 1,110 $340 $ 330 320 115 Previous balance Credit Credit

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Dallas Pierce's most recent credit card statement follows. Her finance charge is 18% APR. Calculate Dallas's average daily balance,
finance charge, and new balance.
Note: Round your final answers to the nearest cent.
9/2
9/7
9/13
9/17
9/28
Average daily balance
Finance charge
New balance
30-day billing cycle
Billing date
Payment
Charge: Kohl's
Payment
Charge: WalMart
$1,110
$340
$ 330
320
115
Previous balance
Credit
Credit
Transcribed Image Text:Dallas Pierce's most recent credit card statement follows. Her finance charge is 18% APR. Calculate Dallas's average daily balance, finance charge, and new balance. Note: Round your final answers to the nearest cent. 9/2 9/7 9/13 9/17 9/28 Average daily balance Finance charge New balance 30-day billing cycle Billing date Payment Charge: Kohl's Payment Charge: WalMart $1,110 $340 $ 330 320 115 Previous balance Credit Credit
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