MAT 142: College Mathematics (2016 Fall B Foth-82349 Kaitlyn Demarcus & 11/27/16 7:39 AM Homework: Simple Interest Save HW Score: 75%, 75 of 100 pts Score: 0 of 5 pts 20 of 20 (16 complete Question Help Instructor-created question The credit card with the transactions described in the popup below uses the average daily balance method to calculate interest. The annual interest rate is 18% of the average daily balance. Calculate parts a-c using the statement in the popup. Click the icon to view the credit card statement. a. Find the average daily balance for the billing period. Round to the nearest cent. The average daily balance for the billing period is Round to the nearest cent as needed b. Find the interest to be paid on July 1, the next billing date. Round to the nearest cent. The interest to be paid on July 1 is Use the answer from part a to find this answer. Round to the nearest cent as needed c. Find the balance due on July 1. The balance due on July 1 is Use the answer from part b to find this answer.) Enter your answer in the edit fields and then click Check Answer. All parts showing Clear All Check