Question: Potentially useful formulas: APY Formula APY - (1 APR)- Regular Deposits Balance Formula Balance after t deposits Deposit ( ) Monthly Payment Formula Minimum Payment

Potentially useful formulas: APY Formula APY - (1 APR)- Regular Deposits Balance Formula Balance after t deposits Deposit ( ) Monthly Payment Formula Minimum Payment Balance Formula: B. - Bo (11- )( 1 ) 110 points for each answer You have a credit card with an APR of 36% that uses the adjusted balance method to calculate finance charges. The minimum payment is 10% of the balance Suppose you have a balance of $750. You decide to stop charging and make only the minimum payment Calculate the minimum payment for the first second, and twelfth payments. (Be sure to take into account the finance charges where applicable Round your answers to the nearest cont.) ut payment cond payment twentyment Potentially useful formulas: APY Formula APY - (1 APR)- Regular Deposits Balance Formula Balance after t deposits Deposit ( ) Monthly Payment Formula Minimum Payment Balance Formula: B. - Bo (11- )( 1 ) 110 points for each answer You have a credit card with an APR of 36% that uses the adjusted balance method to calculate finance charges. The minimum payment is 10% of the balance Suppose you have a balance of $750. You decide to stop charging and make only the minimum payment Calculate the minimum payment for the first second, and twelfth payments. (Be sure to take into account the finance charges where applicable Round your answers to the nearest cont.) ut payment cond payment twentyment

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