Question: Booker decided to set his Dish Network Top 120+ subscription to automatically be paid with his credit card. He begins with a $0 balance and
Booker decided to set his Dish Network Top 120+ subscription to automatically be paid with his credit card. He begins with a $0 balance and is charged $94.99 every month. His credit card has an APR of 20.99% and requires a 4% minimum down payment. Once setting up his Dish Network account, Booker set his bank account to pay the minimum payment every month. Complete the table to find Booker's balance at the beginning of the 3rd month. Round your answers to the nearest cent. Do Not include dollar signs or commas. Month Carry-over Finance Charge New Purchases New Balance Minimum Pay 1 0 2 3
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