On the September 1 Billing Date, Martin Had a Balance

Multiple Choice

On the September 1 billing date, Martin had a balance due of $987.19 on his credit card. The transactions during the following month were: The interest rate on the card is 1.4% per month. Using the average daily balance method, find the
Finance charge on October 1 (September has 30 days) .

A) $20.11
B) $24.13
C) $20.30
D) $19.79