Question: 2. [-/10.4 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER table. (Round your answers to the nearest cent.) Assume that you start with a

2. [-/10.4 Points] DETAILS MY NOTES ASK YOUR
2. [-/10.4 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER table. (Round your answers to the nearest cent.) Assume that you start with a balance of $580 on your credit card. During the first month, you charge $180 and make a payment of $400, During the second month, you charge $100 and make a payment of $320, Assume that your credit card charges a 24% APR. Complete the following Previous Finance Charge Purchases Payments Balance ( + ) New (+) () Balance Month 1 Month 2 3. [-/11.8 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 28%. The minimum payment is 12% of the balance. Suppose you have a balance of $1000. You decide to stop charging and make only the minimum payment, Complete the table. (Round your answers to the nearest cent.) Previous Finance Charge Purchases Payments New Balance (#) () Balance Month 1 O Month 2 O MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER 4. [-/12.8 Points] DETAILS Assume that you start with a balance of $3800 on your credit card. During the first month, you charge $400, and during the second month, you charge $550. Assume that your credit card charges a 28% APR and that each month you make only the minimum payment of 2.5% of the balance. Complete the following table. (Round your answers to the nearest cent.) Previous Finance Charge Purchases Payments New (+) Balance Balance (+) Month 1 Month 2

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