What is math

a credit card account has $650 balance on May 5. A purchase of $321 was made on May 14 and a payment was made on May 22 of $500. The next billing date is June 5.

A. What is the average daily balance?

B. If the monthly interest is 1.5% what is the finance charge

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  1. days of 650=14-5
    days of 971=22-14=7
    days of 471=5+6=11

    average daily balance= (650*9/31)+971*7/31 + 471*11/31=you do it.

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    bobpursley

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