On January 1, the Previous Balance for Donna Small's Charge

Essay

On January 1, the previous balance for Donna Small's charge account was $342.23. On the following days, she made the following purchases: January 12, $23.90 and January 20, $99.56. On January 15, Donna made a $60 payment. Using the average daily balance method, find the finance charge and unpaid balance on February 1 if the interest is 1.5% per month.