Question 14 (1 point) Rishi Maharan's charge account statement shows an unpaid balance of 6,752.22 The monthly finance charge is 1.85 of the unpaid balance. Rishi monthly finance charge is 1.85% has new purchases of 150.75 What is the new account balance? square Question 15 (1 point) Find the average daily balance (new purchases included)

## Step 1: Calculate the finance charge<br />### The finance charge is calculated by multiplying the unpaid balance by the monthly finance charge rate. $6752.22 \times 0.0185 = 124.91617$<br />## Step 2: Calculate the new balance<br />### The new balance is the sum of the unpaid balance, the finance charge, and the new purchases. $6752.22 + 124.91617 + 150.75 = 7027.88617$<br />## Step 3: Round to the nearest cent<br />### Round the new balance to two decimal places. $7027.89$