Question 17 v You have a credit card that charges an interest rate of 18.7% compounded monthly using the average daily balance method. The table below shows your activity for the month of August. Amount Balance 1,061.39 38.48 1,099.87 -250.00 849.87 Date Activity August 1 Beginning Balance August 8 Purchase August 15 Payment August 19 Purchase August 21 Purchase August 24 Purchase August 31 Ending Balance 86.19 936.06 19.19 955.25 52.8 1008.05 1008.05 What is the average daily balance for this account? What is the finance charge for the month of August