Ap 5.4 Your credit card lender charges an annual rate of 15 percent on the average daily balance. Your balance on March 10. the end of the last billing cycle, was $5,000. The following transactions were posted to your account during the billing cycle: 3/15 New credit purchase $500 3/20 Payment received $750 4/1 New credit purchase $1,000 The last day of the monthly billing cycle is April 10. Calculate the finance charge