3. A credit card statement showed these transactions during October. October 1 Previous balance $297.45 October 7 Purchases $152.34 October 21 Payment $175.00 The credit card has an interest rate of 18% on the average daily balance. Find a. the average daily balance, b. the finance charge for the month, and c. the new balance on November 1. edmun s doal [Hint: Remember that October has 31 day 4 For an in