Question: 4. [4/9 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 21.8%. You begin

 4. [4/9 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER

4. [4/9 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 21.8%. You begin with a balance of $1000, in response to which you make a payment of $200. The first month you make charges amounting to $550. You make a payment of $200 to reduce the new balance, and the second month you charge $750. Complete the following table. (Round your answers to the nearest cent.) Purchases Previous balance Payments Finance charge New balance Month 1 $1000 $ 200 $ 550 $ $ 1383.75 33.75 X Month 2 $ 200 $750 $48.34 $ 1982.09 $ 1383.75 X X eBook

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