On the April 12 billing date, Michaelle Chappell had a balance due of $999.67 on her credit card. From April 12 through May 11, Michaelle charged an additional $360.04 and made a payment of $700. a) Find the finance charge on May 12, using the previous balance method. Assume that the interest rate is 1.2% per month. b) Find the new balance on May 12. The balance on Ramon Felipe's credit card on January 19, his billing date, was $388.31. For the period ending February 19, Ramon had the following transactions to the right. a) Find the average daily balance for the billing period. b) Find the finance charge to be paid on February 19. Assume an interest rate of 1.2% per month. c) Find the balance due on February 19. January 23 Charge: $39.14 Restaurant meal January 26 Payment $190.00 February 4 Charge: $28.13 Lawn ornaments February 8 Charge: $177.33 Microwave oven