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Hairdo has credit card balances of $800 for 14 days, $600 for 4 days, and $650 for 12 days. Assume an annual interest rate of

Hairdo has credit card balances of $800 for 14 days, $600 for 4 days, and $650 for 12 days. Assume an annual interest rate of 18 percent, 30-day billing cycle and 20-day grace period. How much is his interest charge using the average daily balance method, if the credit card gets paid off five days after the statement due date?

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