The credit card with the transactions described in the popup below uses the average daily balance method to calculate interest. The annual interest rate is 14.4 of the average daily balance.

Calculate partsa-c using the statement below

Transaction Description Transaction Amount

Previousbalance- $2654.18

June 1 Billing date

June 6 Payment $1000.00 credit

June 8 Charge: Gas $35.25

June 9 Charge: Groceries $137.27

June 17 Charge: Gas $41.63

Charge: Groceries $128.13

June 27 Charge: Clothing $214.13

June 30 End of billing period

Payment DueDate: July 9

a. Find the average daily balance for the billing period. Round to the nearest cent.

The average daily balance for the billing period is ___

(Round to the nearest cent asneeded.)

b. Find the interest to be paid on July1, the next billing date. Round to the nearest cent.

The interest to be paid on July 1 is ___

(Use the answer from part a to find this answer. Round to the nearest cent asneeded.)

c. Find the balance due on July 1.

The balance due on July 1 is $____

(Use the answer from part b to find this answer.)