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Suppose your MasterCard calculates interest using the average daily balance method, and the monthly interest rate is 2.1%. The itemized billing for the month of

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Suppose your MasterCard calculates interest using the average daily balance method, and the monthly interest rate is 2.1%. The itemized billing for the month of August is shown below. Detail Unpaid balance Charge Charge Charge Payment received Last day of billing period Payment due date Date August 1 August 9 August 10 August 18 August 25 August 31 September 7 Amount $515 $965 $260 $1025 $350 (a) Find the average daily balance. (b) Find the interest due for this month. $ (c) Find the total balance owed on the last day of the billing period. $ (d) This credit card requires a $15 minimum payment or 1/24 of the amount due, whichever is higher. What is the minimum monthly payment due for this month? $ Question Help: Message instructor

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