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Business, 01.07.2020 16:01 beej543

Here is Ann's credit card statement for the month of June. Date Transaction Transaction amount June 1 Beginning balance $2300.75 June 9 Purchase . $55.03 June 23 Purchase $770.30 June 26 Payment $650 001 (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in June. Also, a purchase increases the unpa payment decreases the unpaid balance. Date Transaction Unpaid Number balance of days $18,406.00 Transaction Unpaid Number of days at that balance amount balance $2300.75 $2300.758 days (from June I through June 8) $55.03 $2355.78 days (from June 9 through June 22) $770.30 S 3 days (from June 23 through June 25) $650.00 $ 5 days (from June 26 through June 30) Total: 30 days June 1 Beginning balance June 9 Purchase June 23 Purchase June 26 Payment $ Total: $0
(b) Find the average daily balance. Write your answer to the nearest cent. $
(c) Suppose the credit card company charges an interest rate of 1.4. on the average daily balance for June found in part (b). How much interest will be charged? Write your answer to the nearest cent.
(d) What will Ann's beginning balance be for the month of July (including the interest for June found in part (c)) $

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