Business, 11.11.2020 19:20 saltytaetae

5. Calculate the average daily balance and finance charge on the statement below. LU 14-2(1) 30-day billing cycle
7/3
Balance
$400
7/18
100 cr.
Payment
Charge Walmart
7/27
250
Assume 2% finance charge on average daily balance.

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5. Calculate the average daily balance and finance charge on the statement below. LU 14-2(1) 30-day...