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Follow the link Average Daily Balance. This will direct you to a spreadsheet download that may be useful for checking your work for the exercise.$\newline$A credit card had an unpaid balance of $\$ 85 \$ .35$ on July $15$ . The next due date was August $15$ . The table below shows purchases and payments made during that time.$\newline$\begin{tabular}{|r|r|r|r|}$\newline$\hline Date & \multicolumn{$1$}{|c|}{\begin{tabular}{c} $\newline$Purchase \\$\newline$or payment$\newline$\end{tabular}} & \multicolumn{$1$}{|c|}{ Date } & \begin{tabular}{c} $\newline$Purchase \\$\newline$or payment$\newline$\end{tabular} \\$\newline$\hline $7 / 19$ & $115$.$54$ & $8 / 6$ & $126$.$89$ \\$\newline$\hline $7 / 24$ & $29$.$09$ & $8 / 7$ & $59$.$85$ \\$\newline$\hline $7 / 25$ & $110$.$56$ & $8 / 7$ & $107$.$60$ \\$\newline$\hline $7 / 26$ & $36$.$07$ & $8 / 8$ & $141$.$30$ \\$\newline$\hline $7 / 26$ & $53$.$49$ & $8 / 8$ & $51$.$96$ \\$\newline$\hline $7 / 19$$1$ & $86$.$56$ & $7 / 19$$2$ & $142$.$14$ \\$\newline$\hline $7 / 19$$3$ & $-475$.$00$ & $7 / 19$$4$ & $48$.$09$ \\$\newline$\hline $7 / 19$$5$ & $29$.$07$ & $7 / 19$$6$ & $85$.$75$ \\$\newline$\hline $7 / 19$$7$ & $73$.$06$ & $7 / 19$$8$ & $144$.$59$ \\$\newline$\hline $7 / 19$$9$ & $21$.$62$ & $8 / 6$$0$ & $105$.$48$ \\$\newline$\hline$\newline$\end{tabular}$\newline$Calculate the finance charge based on the average daily balance and an annual interest rate of $8 / 6$$1$. (Round your answer to the nearest cent.)$\newline$$8 / 6$$2$$\newline$Need Help?$\newline$Read It$\newline$ctv