Question: Badu used the Quantitative Reasoning Process to create a plan to pay off his credit card loan of 8,659. The interest rate on his loan

Badu used the Quantitative Reasoning Process to create a plan to pay off his credit card loan of 8,659. The interest rate on his loan is 5.49% annually and he will be making monthly payments of 313.02. Complete Month one of the amortization table below. What is Badu's Ending Balance for Month 1? Month Beginning Balance Payment: To Interest Payment: To Principal Ending Balance 1 8,659 ???? 2 3 (Round your answer to the nearest cent, and don't include the euro sign.)

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