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Suppose your MasterCard calculates interest using the average daily balance method, and the monthly interest rate is 1.2%. 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 1.2%. The itemized billing for the month of August is shown below. (a) Find the average daily batance. 5 (b) Find the interest due for this month. ! (c) Find the total balance owed on the last day of the biling period: : (d) This credit card requires a $15minimum payment of 1/24 of the amount due, whichever is higher. What is the minimum monthly payment due for this month? 5 Question Help: Dideo Message instructor

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