Your credit cards annual interest rate is 49.8% percent per annum. The previous months balance is $94,000. And you have made payments against your credit card balance totaling $36,000. You made no additional purchases during the month. Your total daily balance for the month is $1,890,000 and the month has 30 days.

Required: Calculate the interest for the month on the credit card using:

a) Average Daily Balance Method

b) Adjustable Balance Method

c) Previous Balance Method