Find the average daily balance for the next billing period which is April 3. Find the finance charge that will appear on next month’s billing.
Use 1.3% monthly rate.

March 3 Billing date $209.46
March 12 Payment $50.00
March 17 Clothes $28.46
March 20 Mail Order $31.22
April 1 Auto Parts $59.10


Use the same data above to determine the finance charge that will appear on next month’s billing using the unpaid balance method.

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