Question: Use the average daily balance method to compute the finance charge on the credit card account for the previous month. The starting balance and

Use the average daily balance method to compute the finance charge on the credit card account for the previous month. The starting balance and transactions on the account for the month of June are given to the right. Assume an annual interest rate of 18% Month: June (30 days); previous month's balance: $380 Made payment of $163 June 12 June 15 Charged $50 for gasoline The finance charge is s (Round to the nearest cent as needed.) June 19 Charged $107 for skis June 22 Made payment of $120

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