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For the credit card account, assume one month between billing dates ( with the appropriate number of days ) and interest of 1 . 6

For the credit card account, assume one month between billing dates (with the appropriate number of days) and interest of 1.6% per month on the average daily balance. Find (a) the average daily balance, (b) the monthly finance charge, and (c) the account balance for the next billing.
\table[[Previous,Balance: $737.46,],[July 7,Billing Date,],[July 18,Payment,$300
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