On February 3 the billing date, Carol Ann Bluesky had a balance due of $125.24125.24 on her credit card. Her bank charges an interest rate of 1.25% per month and uses the average daily balance method. She made the transactions described in the table during the month.	Feb. 9	Charge: Art supplies	$28.65
	Feb. 11	Payment	$110.00
	Feb. 23	Charge: Flowers delivered	$64.63
	Feb. 26	Charge: Music CD	$13.53

a) Find Carol Ann's average daily balance for the billing period from February

33

to March

33.

Assume it is not a leap year.

b) Find the finance charge to be paid on March

33.

c) Find the balance due on March

33.

d) Compare the result obtained to those obtained using the previous balance method.