Question: Using the average daily balance method and the information given, find the credit card average daily balance for the month of August (31 days). The

Using the average daily balance method and the information given, find the credit card average daily balance for the month of August (31 days). The annual interest rate is 18%. (Round to the nearest cent.)

July 31 Balance $210

August 7 Charge $81

August 13 Payment $80

August 18 Charge $113

August 19 Charge $42

The average daily balance for the month of August is $?

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