Question: Need help finding the answer to the question below. Need information to fill in the clear sections. Marcus has a balance of $1,900 on his

Need help finding the answer to the question below. Need information to fill in the clear sections.

Need help finding the answer to the question below. Need information to

Marcus has a balance of $1,900 on his credit card. The credit card has an annual interest rate of 18%, compounded monthly (1.5% each month). Marcus uses his credit card for various expenses throughout month and, at the end of each month, makes a $300 payment. Use this information to complete the table below. Round to the nearest cent as needed. Month Prior Balance 1.5% Interest Additional Monthly on Prior Balance Charges Payment Ending Balance 1 $1900 $1900 $123 $300 $435 $300 4 $28.69 $256 $300 $1897.46 $1897.46 $405 $300

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