The Levys' credit card statement shows a balance due of $\$ 1578.25$ on March 23 , the billing date. For the period ending April 23, they had the following transactions. March 26 March 30 April 3 April 15 April 22 Charge: Party Supplies Charge: Restaurant meal Payment Charge: Clothing Charge: Car Repairs $\$ 79.98$ 52.76 250.00 190.52 190.85 a. Determine the average daily balance for the billing period b. Determine the finance charge to be paid on April 23. Assume an interest rate of $1.3 \%$ per month. c. Determine the balance due on April 23.

Public Answer

VVAZMC The First Answerer