(3 pts) 3. For the month of August, Sam has an initial balance of $1.356 from July. Purchases and payments for the month are shown below. If the interest on the Average Daily Balance is 21.6% per year complete the table to determine the average daily balance, monthly interest rate, finance charge, and new balance on 1 September Date Transaction Amount Current Balance (Balance)(Days) Number of Days Aug 1 Previous Balance $1,356 Aug 7 Purchases $359 Aug 12 Purchases $223 Aug 20 Payment $200 Aug 24 Purchases $152 31 Number of Days Interest rate per Month: Sum: Average Daily Balance: Finance Charge: New Balance for 1 September: (3 pts) 4. Another Average Daily Balance Method example: For the month of November, Amy has an initial balance of $937 from October. Purchases and payments for the month are shown below. If the interest on the Average Daily Balance is 22.8% per year complete the table to determine the average daily balance, monthly interest rate, the finance charge, and the new balance on 1 December. Date (Balance)(Days) Transaction Amount Current Balance Number of Days Nov 1 Previous Balance Nov 4 Purchases Nov 13 Payment Nov 20 Purchases Nov 28 Payment $937 $531 $300 $89 $300 Number of Days 30 Interest rate per Month: Sum: Average Daily Balance: Finance Charge: New Balance for 1 December