question archive The activity on Denise Hellings' Sears account for one billing period is shown below
Subject:FinancePrice: Bought3
The activity on Denise Hellings' Sears account for one billing period is shown below. Find the average daily balance and the finance charge if the billing period is March 1 through March 31, the previous balance was $157.14, and the annual simple interest rate is 21%. (Round your answer to the nearest cent.)
March 5 | payment | $25.00 |
March 17 | tools | $36.12 |
Average daily balance
$
Finance charge
$