This Ques 511000 5711 5100 On February 1, the billing date, Carol Ann Bluesky had a balance due of 5124 07 on her credit Feb 8 card. Her bank charges an interest rate of 1 25% per month and uses the average daily Charge Art supplies Feb 13 Payment balance method. She made the transactions described in the table during the month Feb 20 Charge Flowers delivered Feb 26 Kharge Music CD a) Fund Carol Ann's average daily balance for the billing period from February 1 to March 1 Assume it is not a leap year. b) Find the finance charge to be paid on March 1 c) Find the balance due on March 1 d) Compare the result obtained to those obtained using the previous balance method a) The average daily balance for the billing penod was (Round to the nearest cont as needed) b) The finance charge to be paid on March 1iss (Round to the nearest cent as needed) c) The balance due on March 1 is! (Round to the nearest cent as needed) d) Using the previous balance method, the finance charge is $155 and the balance due is 5126 18. How do the results obtained using the average daily balance method compare to those obtained using the previous balance method? Choose the correct answer below O A The results obtained using the average daily balance method are greater than those obtained using the previous balance method OB. The results obtained using the average daily balance method are less than those obtained using the previous balance method Oc. The results obtained using the average daily balance method are equal to those obtained using the previous balance method