Solve the problem.
On the September 1 billing date, Martin had a balance due of $978.28 on his credit card. The
transactions during the following month were:
September 3 Payment
$89.28
September 9 Charge: airline ticket $571.75
September 22 Charge: shoes
$83.83
September 29 Charge: garden tiller $182.68
The interest rate on the card is 1.3% per month. Using the average daily balance method, find
the finance charge on October 1 (September has 30 days).
O $17.32
O $17.57
O $17.73
O $21.08