Question: directions show your work and explain your reasoning using complete...
Show your work AND explain your reasoning using complete English sentences. Explanations must directly follow the solution for each part of the problem.
The table below shows the activity on the credit card statement of Miss Pepper Mills for the month of April. She started the month with a balance of $342.57.
a. Find the average daily balance.
b. If her card charges an 18.5% annual interest rate on her average daily balance, calculate Miss Pepper Mill’s finance charge for the month of April.