Question: On the August 6 billing date, Travis had a balance due of $1,197.19 on his credit card. The transactions during the following month were: Date

On the August 6 billing date, Travis had a balance due of $1,197.19 on his credit card. The transactions during the following month were: Date Transaction August 11 Payment August 14 Charge: bicycle August 28 Charge: books September 3 Charge: gas Amount 259.69 205.76 184.29 42.76 The interest rate on the card is 1.2% per month. Using the previous balance method, determine the finance charge and new balance on September 6. Finance charge: S (Round your answer to the nearest cent.) New balance: $ (Round your answer to the nearest cent.)

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