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 Description Transaction Amount Previous balance. $6260.00 March 1 Billing date March 5 Payment $350.00 credit March 7 Charge: Restaurant |$30.00 March 12 Charge: Groceries $90.00 March 21 Charge: Car Repairs $230.00 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.) b. Find the interest to be paid on April 1, the next billing date. Round to the nearest cont The interest to be paid on April 1 is $ (Use the answer from part a to find this answer. Round to the nearest cont as needed.) c. Find the balance due on April 1. The balance due on April 1 is $ (Use the answer from part to find this answer.) d. This credit card requires a $10 minimum monthly payment if the balance due at the end of the billing period is less than $360. Otherwise, the nearest whole dollar. What is the minimum monthly payment due by April 9? The minimum monthly payment is $ 1. (Use the answer from partc to find this answer. Round up to the nearest dollar.) The cand win the Transaction con sorbed on the Transaction Description Ano the day method to court. The March montre 20 Mare 18500 Grede wege de calcul parts dung the man Marche 2016 5000 Ma Chap MERET Payment On DA Findere daily balance in period Rund to the nearestent The average day and the ning pero Round to the nearestent needed) b. Find the interest to be paid on Apr 1, he nating date found the recent The rest to be paid on April (Ulat twower from portato find this www. Round to the nearest cant steeded) c. Find the balance out on Art The balance due on Artis Use the from part to find this) d. Tha creat and requires a 510 meinen monthly payment was due the end of bang peredes 300 Ohrain the minimum money payment is at the balance due at the end of the Bling period, rounded up the nearest whole do What the minimum monthly payment due by Apr 92 The minimum monthly payment (Use the answer from partc to find this answer. Round up to the nearest door