Question: Fill in the chart below using the information for Credit Card Finance. He starts with $240 and an APR of 21.99% and makes no new

Fill in the chart below using the information for Credit Card Finance. He starts with $240 and an APR of 21.99% and makes no new purchases. The minimum payment is always 7% and that is the payment you make each month.

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Month

Carry Over balance

Finance Charge

New balance

Minimum payment

1

$240

2

3

4

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