Question: Font size is fine. Please use your computer to answer. On February 2, the billing date, Carol Ann had a balance due of $122.36 on

2, the billing date, Carol Ann had a balance due of $122.36 Font size is fine. Please use your computer to answer.

On February 2, the billing date, Carol Ann had a balance due of $122.36 on her credit card. Her bank charges an interest rate of 1.25% per month. She made the transactions described in the table during the month. Feb. 9 Feb. 11 Feb. 21 Feb. 28 Charge: Art supplies Payment Charge: Flowers delivered Charge: Music CD $23.011 $100.00 $66.55 $11.88 a) Determine the finance charge on March 2, using the previous balance method. b) Determine the new balance on March 2

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