8) Make a chart to show the transactions for Rick Schiendler's credit card account in which interest is charged on the average daily balance. The cycle begins on May 4, and the cycle ends on June 3. The beginning balance is $283.57. A payment of $200 is posted on May 18. A charge of $19.73 is posted on May 7. A charge of $53.82 is posted on May 12. A charge of $115.18 is posted on May 29. How many days are in the cycle? What is the average daily balance? Date Transaction Transaction amount May 7 Charge 19.73 May 12 Charge 53.82 May 18 Payment 200 May 29 Charge 115.18 Date Transaction Change Daily unpaid Number of Partial sum balance days May 4 may 6 283.57 850.71 May 7 may Charge +19.73 303.3 un w 1516.5 11 May 12 Charge +53.84 357.12 6 2142.72 may17 May 18 may Payment -200 157.2 11 1728.32 28 May 29 june. Charge +115.18 272.38 6 1634.28 Total 31 7872.53 9) In Exercise 8, Rick is charged 1.42% per period. What is the finance charge for the cycle? 10) Using Exercise 9, what is the beginning balance for the next cycle of Rick's credit card account