Question Using the table, what is the average daily balance of the credit card for the June 1 - June 30 billing period? Round your
answer to the nearest cent. Do not include a dollar sign or comma in your answer. For example, $5, 678.00 should be
entered as 5678.00.
Activity
Adjustment
Day
1
Closing Balance
3500
4000
7
17
Purchase
Purchase
Purchase
+500
+250
4250
4550
27
+300
Provide your answer below:
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