# Instructor: Bemadine CochranStudent: Roy'ce BrittentimeDate: 11/18/19Course: Contemporary College Math (B) Assignment: Homework 10.4(FA2019)10. The balance on Ramon Felipe's credit card on January 11,his billing date, was \$315.54. For the period endingFebruary 11, Ramon had the following transactions to theright.a) Find the average daily balance for the billing period.b) Find the finance charge to be paid on February 11Assume an interest rate of 1.2% per monthc) Find the balance due on February 11January 19 Charge\$55.81Restaurant mealJanuary 24 PaymentFebruary 1 Charge:\$110.00\$53.04Lawn omamentsFebruary 6 Charge:\$112.02Microwave ovena) The average daily balance for the billing period was \$(Round to the nearest cent as needed.)b) The finance charge to be paid on February 11 is \$(Round to the nearest cent as needed.)c) The balance due on February 11 is \$(Round to the nearest cent as needed.)

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Step 1

Computation of average daily balance, finance charge, and balance due:

Hence, the average daily is balance is \$328.25, finance charge is \$3.94, and balance...

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