1. The following is Justin's credit card statement for November. Using the Average Daily Balance method, a billing cycle of 30 days (11/1 - 11/30), and an APR of 21%. Calculate the daily balance from (a) to (e) and the finance charge (MFC) in the following table. (5pts) Purchase Date 11/1 75.50 11/8 11/13 Payment Balance 420.00 (a)......... 90.00 (b)......... 50.00 (c)......... (d)......... 11/18 67.80 11/22 120.55 11/30 (MFC)...... (e 2. Calculate the average daily balance (ADB) and the finance charge on Drew's account that has 9.5% APR and a 30-day billing cycle. His January statement shows: (5pts) $425.89 balance carried from December $133.15 K-Mart charge on January 5 $76.95 Greek Cuisine restaurant charge on January 8 $150.00 payment paid on January 10 $25.25 Texaco gas charge on January 11 $33.15 Target charge on January 21 $80.00 health club charge on January 26 $17.85 Wal-Mart charge on January 28 3. Consider a credit balance of $1,100 at 15.6% interest, and a minimum payment of 3.8%. If we pay an extra $50 on top of the minimum payment per month, how long will it take to pay off the credit balance? (5 pts) (Show work to get point)