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Calculate (A)the Average Daily Balance and (B)the Finance Charge If

Question 19

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Calculate (A)the average daily balance and (B)the finance charge if finance charge is 2 % on average daily balance.
29 Day Billing Cycle 11/20 Prev Balance $1,00011/27 Payment $20011/30 Charge $15012/9 Payment $25012/14 Cash Adv $400\begin{array}{l}29 \text { Day Billing Cycle }\\\begin{array} { l l r } 11 / 20 & \text { Prev Balance } & \$ 1,000 \\11 / 27 & \text { Payment } & \$ 200 \\11 / 30 & \text { Charge } & \$ 150 \\12 / 9 & \text { Payment } & \$ 250 \\12 / 14 & \text { Cash Adv } & \$ 400\end{array}\end{array}

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A. $929.31...

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