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You have a credit card that charges an annual interest rate of 1 7 . 7 5 % using the average daily balance method. The

You have a credit card that charges an annual interest rate of 17.75% using the average daily balance method. The table below shows your activity for the month of December.
Date Activity Amount Balance
December 1 Beginning Balance 565.05
December 10 Purchase 27.10592.15
December 13 Payment 275.00317.15
December 15 Purchase 76.51393.66
December 24 Purchase 13.28406.94
December 25 Purchase 59.38466.32
December 31 Ending Balance 466.32
What is the average daily balance for this account?
$
What is the finance charge for the month of December?
$

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