The credit card with the transactions described on the right uses the average daily balance method to calculate interest. The monthly interest rate is 2.5% of the average daily balance. Calculate parts a-d using the statement on the right Transaction Transaction Description Amount Previous balance, $6290.00 March 1 Billing date March 5 Payment $350.00 credit March 7 Charge: Restaurant $50.00 March 12 Charge: Groceries |$100.00 March 21 Charge: Car Repairs $240.00 March 31 End of billing period Payment Due Date: April 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 as needed.)