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Calculate ADB/Finance Charge and create a sample statement summary that fits the data from August 31 st thru September

Calculate ADB/Finance Charge and create a sample statement summary that fits the data from August 31 st thru September 30th. Assume that the Statement closing date is September 30 th and a payment of $300 was made during Sept. For 1 & 2 assume a 12% APR, for 3 & 4 assume 18% APR:). 2. 1.

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Calculate ADB/Finance Charge and create a sample statement summary that fits the data from August 31 st thru September

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  1. Calculate ADB/Finance Charge and create a sample statement summary that fits the data from August 31st thru September 30th. Assume that the Statement closing date is September 30th and a payment of $300 was made during Sept. For 1 & 2 assume a 12% APR, for 3 & 4 assume 18% APR:) 2 1 Sept 9th Charge $ 500 Sept 10th Charge $ 50 Sept 13th Charge $ 125 Sept 28th Charge $ 338 Sept 30th Charge $ 75 Sept 1st Charge $ 150 Sept 10th Charge $ 50 Sept 13th Charge $ 25 Sept 30th Charge $ 50 3 4 Sept 17th Charge $ 15 Sept 18th Charge $ 5 Sept 19th Charge $ 127 Sept 20th Charge $ 25 Sept 30th Charge $ 10 Sept 1st Charge $ 150 Sept 3rd Charge $ 75 Sept 10th Charge $ 50 Sept 13th Charge $ 25 Sept 30th Charge $ 50
  2. Example Poster:
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