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The credit card with the transactions described on the right uses the average daily balance method to calculate interest. The monthly interest rate is 1

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The credit card with the transactions described on the right uses the average daily balance method to calculate interest. The monthly interest rate is 1 1.5% of the average daily balance Calculate parts a-d using the statement on the right Transaction Description Transaction Amount Previous balance 56240.00 March 1 Biling date March 5 Payment $350.00 credit March 7 Charge: Restaurant $50.00 March 12 Charge: Groceries 13100100 March 21 Charge: Car Repairs $240.00 March 31 End of being period Payment Due Date: April 9 (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 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 $300. Otherwise, the minimum monthly payment is of the balance due at the end of the billing period, rounded up to the nearest whole dollar. What is the minimum monthly payment due by April 97 The minimum monthly payment is $ (Use the answer from partc to find this answer. Round up to the nearest dollar)

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