The credit card with the transactions described on the right uses the average daily balance method to calculate interest. The annual interest rate is 18% of the average daily balance. Calculate parts a-c using the statement on the right. Transaction Description Previous balance, $6310.00 Transaction Amount March 5 Payment March 7 Charge: Restaurant $60.00 March 12 Charge: Groceries 70.00 March 21 Charge: Car Repairs 240.00 $250.00 credit avment Due Date: April 9 a. Find the average daily balance for the biling period. Round to the nearest cent. The average daily balance for the billing period is S (Round to the nearest cent as needed.) b. Find the interest to be paid on April 1, the next billing date. Round to the nearest cent. The interest to be paid on April 1 is $ (Use the answer from part a to find this answer. Round to the nearest cent as needed.) c. Find the balance due on April 1 The balance due on April 1 is $ (Use the answer from part b to find this answer.)