document.write( "Question 1197222: Hello, the question is: Calculate the average daily balance (in $) for October for a revolving credit account with a previous month's balance of $120 and the following activity. (Round your answer to the nearest cent.)\r \n" );
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document.write( "During October the activities included: October 3rd cash advance of $50.00 \n" );
document.write( "October 7th payment of $75.00 October 10th purchase of $29.59 October 16th credit of $30.00 October 25th purchase of 121.60.\r \n" );
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document.write( "Average daily balance =$\r \n" );
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document.write( "I tried to add the previous month's balance and the Purchases and the cash advance while subtracting the credits and the payment. then divided by the number of days in the month (31) and got $6.97 and was wrong. \n" );
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