John Smith has a credit card that charges 13% annual interest on the monthly average daily balance for the billing cycle. The current billing cycle has 28 days. For 13 days his balance was $2.537 07. For 7 days the balance was $1,537.07 And for 8 days the balance was $1,833.95 Find the average daily balance. Find the amount of interest The average daily balance is $ The amount of interest is $ (Round to the nearest cent as needed)

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