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

Using the average daily balance method and the informationgiven, find the credit card average daily balance for the month of August(31 days). The annual interest rate is18%.

July 31

Balance

$190

August 6

Charge

$70

August 19

Payment

$90

August 22

Charge

$166

August 28

Charge

$22

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