Consider the following case: On March 1, Maria's credit card has a balance of $7,876.75. According to the terms of the card's lending agreement, an interest rate of 12% per year is assessed and the monthly finance charges are calculated using the Average Daily Balance (ADB) including purchases method. During the month, Maria expects to make the purchases listed below and will make a payment of $590.76 on March 23, and has collected the following additional information: Date Purchases $391.25 March 6 March 12 March 20 March 27 Additional Information Monthly interest rate Beginning card balance Days in the month 43.8 46.9 1,160.16 1.00% $7,876.75 31 Use the following table to help Maria estimate her monthly interest charge for March. Dates Number of Days Daily Balance Calculated Value. 3/2 - 3/6 5 3/7-3/12 6 3/13 - 3/20 8 3/21 - 3/23 3 3/24 - 3/27 4 3/28 - 3/1 5 Total $7,876.75 31 Average Daily Balance with Purchases Finance Charge One way by which Maria can increase her finance charges, everything else remaining constant, is to: a. Make fewer, less expensive purchases. b. Buy a larger number of more expensive items using your card. c. Make larger or more frequent payments.