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Score: 0 of 1 pt 4 of 11 (11 complete) HW Score: 90.91%, 10 of 11 pt X 8.3.33 Question Help Use the average daily

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Score: 0 of 1 pt 4 of 11 (11 complete) HW Score: 90.91%, 10 of 11 pt X 8.3.33 Question Help Use the average daily balance method to compute the finance charge on the credit card account for the month of August (31 days). The starting balance from the previous month is $280. The transactions on the account for the month are given in the table to the right. Assume an annual interest rate of 24% on the account and that the billing date is August 1st. Date Transaction August 8 Made payment of S76 August 15 Charged 5150 for hiking boots August 19 Charged $19 for gasoline August 24 Charged $32 for restaurant meal The finance charge for the month of August is $ (Round to the nearest cent as needed.)

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