Question: 4/9 POINTS PREVIOUS ANSWERS CRAUDQL3 4.4.016. MY NOTES ASK YOUR TEACHER You have a credit card with an APR of 12%. You begin with a

 4/9 POINTS PREVIOUS ANSWERS CRAUDQL3 4.4.016. MY NOTES ASK YOUR TEACHER

4/9 POINTS PREVIOUS ANSWERS CRAUDQL3 4.4.016. MY NOTES ASK YOUR TEACHER You have a credit card with an APR of 12%. You begin with a balance of $250, in response to which you make a payment of $100. The first month you make charges amounting to $50. You make a payment of $100 to reduce the new balance, and the second month you charge $60. Complete the following table. (Round your answers to the nearest cent.) Previous Finance New balance Payments Purchases charge balance Month 1 $250.00 $ 100.00 $ 50.00 $ 1.5 X $ 201.5 Month 2 $ 201.5 x $ 100.00 $ 60.00 $ 1.015 X $ 162.515 eBook

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