The balance on Ramon Felipe's credit card on January 14, his billing date, was $269.71. For the period ending February 14,

Question

The balance on Ramon Felipe's credit card on January 14, his billing date, was $269.71. For the period ending February 14, Ramon had the following transactions to the right.  
a) Find the average daily balance for the billing period. 
b) Find the finance charge to be paid on February 14. Assume an interest rate of 1.2% per month. 
c) Find the balance due on February 14.

Kunduz · Accepted Answer

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