Welcome to Bytelearn!

Let’s check out your problem:

Follow the link Average Daily Balance. This will direct you to a spreadsheet download that may be useful for checking your work for the exercise. A credit card had an unpaid balance of $\$855.35$ on July $15$. The next due date was August $15$. The table below shows purchases and payments made during that itime.$\newline$$\newline$Date$\newline$$\newline$Purchase$\newline$or payment$\newline$$\newline$Date$\newline$$\newline$Purchase$\newline$or payment$\newline$$\newline$$\newline$$7$//$19$$\newline$$115.54$$\newline$$8$//$6$$\newline$$126.89$$\newline$$\newline$$7$//$24$$\newline$$29.09$$\newline$$8$//$7$$\newline$$59.85$$\newline$$\newline$$7$//$25$$\newline$$110.56$$\newline$$8$//$7$$\newline$$107.60$$\newline$$\newline$$7$//$26$$\newline$$36.07$$\newline$$8$//$8$$\newline$$141.30$$\newline$$\newline$$7$//$26$$\newline$$53.49$$\newline$$8$//$8$$\newline$$115.54$$0$$\newline$$\newline$$7$//$27$$\newline$$115.54$$1$$\newline$$8$//$9$$\newline$$115.54$$2$$\newline$$\newline$$7$//$29$$\newline$$115.54$$3$$\newline$$8$//$10$$\newline$$115.54$$4$$\newline$$\newline$$7$//$30$$\newline$$115.54$$5$$\newline$$8$//$11$$\newline$$115.54$$6$$\newline$$\newline$$8$//$4$$\newline$$115.54$$7$$\newline$$8$//$13$$\newline$$115.54$$8$$\newline$$\newline$$8$//$5$$\newline$$115.54$$9$$\newline$$8$//$14$$\newline$$126.89$$0$$\newline$$\newline$Calculate the finance charge based on the average daily balance and an annual interest rate of $126.89$$1$. (Round your answer to the nearest cent.)$\newline$$126.89$$2$$\newline$Need Help?$\newline$Read It$\newline$citv