Refer to the following credit card transactions. Determine the average daily balance and the interest charged for this billing cycle for an account with a 9.99% APR. Then find the minimum payment when it is either 3% or $15, whichever is greater. July 1 July 2 July 6 July 15 July 23 July 25The billing cycle begins with a balance of $314A payment of $314 is made. A purchase of $5 is made. A purchase of $12 is made. A purchase of $103 is made. The billing cycle ended. I need the answer and the steps