Suppose the charge account of Black's Mailing Service at the

Last updated: 7/19/2022

Suppose the charge account of Black's Mailing Service at the local supply store had a 1.7% interest rate per month on the average daily balance. Find the Black's finance charge on April 1 if Black's had an unpaid balance on March 1 of $148.96, a payment of $25.00 posted on March 12, and a purchase of $27.06 posted on March 22. The billing cycle ends March 31. The Black's finance charge is (Round to the nearest cent as needed.)