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Suppose that you make a $ 1 , 2 2 5 charge on a credit card with a 2 2 % APR. Assume that you

Suppose that you make a $1,225 charge on a credit card with a 22% APR. Assume that you receive your first bill and make a payment of $275. What interest will your next bill show if the interest rate is calculated using the indicated method? (Round your answers to the nearest cent.)
(a) Previous balance method
$
(b) Adjusted balance method
$
(c) Average daily balance; assume that the month has 30 days and it takes 10 days for the payment to be received. $
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