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On February 1, the billing date, Carol Ann Bluesky had a balance due of $122 03 on her credit Feb 7 Charge: Art Supplies card

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On February 1, the billing date, Carol Ann Bluesky had a balance due of $122 03 on her credit Feb 7 Charge: Art Supplies card Her bank charges an interest rate of 125% por month and uses the average daily $25 16 Feb. 10 Payment balance method She made the transactions described in the table during the month 3.00 od Feb. 22 Charge Flowers delivered $714 Feb 28 Change Music CD $10.75 a) Fid Carol Anni's average daily balance for the billing period from February 1 to March 1 Assume it is not a leap year b) Find the face change to be paid on March 1 c) Find the balance doe on March 1 d) Compare the result obtained to those obtained using the previous balance motod a) The wverage dwly balance for the billing period was $ (Round to the nearest cont as needed b) The finance charge to be paid on March 1 is $1 (Round to the most cant as needed) 1 af c) The balance dise on March 1is (Round to the nearest cent as needed) d) Using the previous balance method the finance charge is $1.53 and the balance due is $141 02 How do the results obtained using the average daily balance med compare to those obtained using the previous balance method? Choose the correct answer below OA The results obtained using the average daily balance method are greater than those obtained using the previos inice method OB. The results obtained using the average daily balance method are less than those obtained using the previous balance method OC. The results obtained using the average daily balance method are equal to those obtined using the previous balance method

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