Question: 3) Assume that only the minimum payment is made for months 2 and 3 (no purchases or other fees are applied). How much does this

 3) Assume that only the minimum payment is made for months

3) Assume that only the minimum payment is made for months 2 and 3 (no purchases or other fees are applied). How much does this person owe by month 4? Complete the table below to answer this question. Month Carry-Over Balance Finance Charge New Balance Minimum Payment $3,000 $91.72 $3,022.58 N m $2,898.43

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