Jean-Luc's credit card billing cycle begins on July 13. He has a previous balance of $230.50. On July 17 Jean-Luc purchases food for his lionfish, Livingston, for $12.00 using the card, and on July 23 Jean-Luc pays the credit card company $150.00. On August 2, Jean-Luc uses his credit card to buy a $56.00 ticket to attend a night of Shakespeare and a $12.50 tin of earl grey tea. Jean-Luc pays another $50.00 to the credit card company on August 9. The billing cycle ends on August 12. Jean-Luc's monthly periodic rate is 1.6%. STEP1: How many days are in the billing cycle? Number of Days = _____ STEP 2: Listed below is each end of day balance. STEP 3: Sum of Daily Balances = _____ STEP 4: Average Daily Balance = _____ STEP 5. Finance Charge = _____ Two-Cycle-Balance (Double-Cycle-Balance) Method WITH New Purchases: Two-Cycle Balance = _____ Finance Charge = _____ Which method (items 8-12) has the lowest finance charge? _____