Question

On August 10, a credit card account had a balance of $325 style=”color:rgb(0,0,0);”>. A purchase of $58 was made on August 15, and $157 was charged on August 27. A payment of $79 was made on August 15. The interest on the average daily balance is 1.25% per month. Find the finance charge on the September 10 bill. (Round your answer to two decimal places.)

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