Transaction Amount The credit card with the Transaction Description transactions described on the right uses the average daily balance method to calculate interest. The Previous balance, $6310.00...

Extracted text: Transaction Amount The credit card with the Transaction Description transactions described on the right uses the average daily balance method to calculate interest. The Previous balance, $6310.00 March 1 Billing date March 5 Payment March 7 Charge: Restaurant March 12 Charge: Groceries March 21 Charge: Car Repairs $210.00 March 31 End of billing period Payment Due Date: April 9 monthly interest rate is 2.5% of the average daily balance. Calculate parts a-d using the statement on the right. |$400.00 credit $60.00 $70.00 a. Find the average daily balance for the billing period. Round to the nearest cent. The average daily balance for the billing period is $. (Round to the nearest cent as needed.)