Simple question about basic financing principals

Please ignore the covered questions and only answer the bottom question circled in blue. It is based on the table above. Thanks! I ncase the text is too small, the question reads "In this mini-project, you saw how higher monthly payments resulted in a lower finance charge. Discuss other ways that Maria could have lowered the finance charge. For full credit, your response should mention the grace period on the credit card, as well as a balance transfer to a different card" Please just tell me how to lower a finance charge using grace periods and balance transfers!

Amount Payment Payment Finance Applied New Number Amount Charge to Balance Balance $850.00 1 $50.00 $14.03 $35.98 $35.98 $814.03 2 $50.00 $13.43 $36.57 $777.46 3 $50.00 $12.83 $37.17 $37.17 $ 740.28 4 $50.00 $12.21 $37.79 $702.50 5 $50.00 $11.59 $38.41 $664.09 6 $50.00 $10.96 $39.04 $625.05 7 $50.00 $10.31 $39.69 $585.36 8 $50.00 $9.66 $40.34 $545.02 9 $50.00 $8.99 $41.01 $504.01 10 $50.00 $8.32 $41.68 $462.33 11 $50.00 $7.63 $42.37 $419.96 12 $50.00 $6.93 $43.07 $376.89 13 $50.00 $6.22 $43.78 $333.10 14 $50.00 $5.50 $44.50 $288.60 15 $50.00 $4.76 $45.24 $243.36 16 $50.00 $4.02 $45.98 $197.38 17 $50.00 $3.26 $46.74 $150.64 18 $50.00 $2.49 $47.51 $103.12 19 $50.00 $1.70 $48.30 $54.82 20 $50.00 $0.90 $49.10 $5.73 21 $5.82 $0.09 $5.73 $0.00 Totals: $1,005.82 $155.82 Amount Payment Payment Finance Applied New Number Amount Charge to Balance Balance $850.00 1 $75.00 $14.03 $60.98 $789.03 2 $75.00 $13.02 $61.98 $727.04 3 $75.00 $12.00 $63.00 $664.04 4 $75.00 $10.96 $64.04 $600.00 5 $75.00 $9.90 $65.10 $534.90 6 $75.00 $8.83 $66.17 $468.72 7 $75.00 $7.73 $ $67.27 $401.46 8 $75.00 $6.62 $68.38 $333.08 9 $5.50 $69.50 $263.58 10 $75.00 $4.35 $70.65 $192.93 11 $75.00 $3.18 $71.82 $121.11 12 $75.00 $2.00 $73.00 $48.11 13 $48.90 $0.79 $48.11 $0.00 $ 14 $0.00 $0.00 $0.00 15 $0.00 $0.00 $0.00 16 $0.00 $0.00 $0.00 17 $0.00 $0.00 $0.00 18 $0.00 $0.00 $0.00 19 $0.00 $0.00 $0.00 20 $0.00 $0.00 $0.00 21 $0.00 $0.00 $0.00 Totals: $948.90 $98.90 $75.00 Amount Payment Payment Finance Applied New Number Amount Charge to Balance Balance $850.00 1 $100.00 $14.03 $85.98 $764.03 2 $100.00 $12.61 $87.39 $676.63 3 $100.00 $11.16 $88.84 $587.80 4 $100.00 $9.70 $90.30 $497.49 5 $100.00 $8.21 $91.79 $405.70 6 $100.00 $6.69 $93.31 $312.40 7 $100.00 $5.15 $94.85 $217.55 8 $100.00 $3.59 $96.41 $121.14 9 $100.00 $2.00 $98.00 $23.14 10 $23.52 $0.38 $23.14 $0.00 11 $0.00 $0.00 $0.00 12 $0.00 $0.00 $0.00 13 $0.00 $0.00 $0.00 14 $0.00 $0.00 $0.00 15 $0.00 $0.00 $0.00 16 $0.00 $0.00 $0.00 17 $0.00 $0.00 $0.00 18 $0.00 $0.00 $0.00 19 $0.00 $0.00 $0.00 20 $0.00 $0.00 $ $0.00 21 $0.00 $0.00 $0.00 Totals: $923.52 $73.52 -SRV ULI VITATS LEVISION making this mom pal Toniz wunda ALUNOS...... this monthly Payme payment? . what What CCM that the televWU COM 13 M- SERTE payment? payment by making the $100 $50 payment? In this mini-project, you saw how higher monthly payments resulted in a lower finance charge. Discuss other ways that Maria could have lowered the finance charge. For full credit, your response should mention the grace period on the credit card, as well as a balance transfer to a different card. Amount Payment Payment Finance Applied New Number Amount Charge to Balance Balance $850.00 1 $50.00 $14.03 $35.98 $35.98 $814.03 2 $50.00 $13.43 $36.57 $777.46 3 $50.00 $12.83 $37.17 $37.17 $ 740.28 4 $50.00 $12.21 $37.79 $702.50 5 $50.00 $11.59 $38.41 $664.09 6 $50.00 $10.96 $39.04 $625.05 7 $50.00 $10.31 $39.69 $585.36 8 $50.00 $9.66 $40.34 $545.02 9 $50.00 $8.99 $41.01 $504.01 10 $50.00 $8.32 $41.68 $462.33 11 $50.00 $7.63 $42.37 $419.96 12 $50.00 $6.93 $43.07 $376.89 13 $50.00 $6.22 $43.78 $333.10 14 $50.00 $5.50 $44.50 $288.60 15 $50.00 $4.76 $45.24 $243.36 16 $50.00 $4.02 $45.98 $197.38 17 $50.00 $3.26 $46.74 $150.64 18 $50.00 $2.49 $47.51 $103.12 19 $50.00 $1.70 $48.30 $54.82 20 $50.00 $0.90 $49.10 $5.73 21 $5.82 $0.09 $5.73 $0.00 Totals: $1,005.82 $155.82 Amount Payment Payment Finance Applied New Number Amount Charge to Balance Balance $850.00 1 $75.00 $14.03 $60.98 $789.03 2 $75.00 $13.02 $61.98 $727.04 3 $75.00 $12.00 $63.00 $664.04 4 $75.00 $10.96 $64.04 $600.00 5 $75.00 $9.90 $65.10 $534.90 6 $75.00 $8.83 $66.17 $468.72 7 $75.00 $7.73 $ $67.27 $401.46 8 $75.00 $6.62 $68.38 $333.08 9 $5.50 $69.50 $263.58 10 $75.00 $4.35 $70.65 $192.93 11 $75.00 $3.18 $71.82 $121.11 12 $75.00 $2.00 $73.00 $48.11 13 $48.90 $0.79 $48.11 $0.00 $ 14 $0.00 $0.00 $0.00 15 $0.00 $0.00 $0.00 16 $0.00 $0.00 $0.00 17 $0.00 $0.00 $0.00 18 $0.00 $0.00 $0.00 19 $0.00 $0.00 $0.00 20 $0.00 $0.00 $0.00 21 $0.00 $0.00 $0.00 Totals: $948.90 $98.90 $75.00 Amount Payment Payment Finance Applied New Number Amount Charge to Balance Balance $850.00 1 $100.00 $14.03 $85.98 $764.03 2 $100.00 $12.61 $87.39 $676.63 3 $100.00 $11.16 $88.84 $587.80 4 $100.00 $9.70 $90.30 $497.49 5 $100.00 $8.21 $91.79 $405.70 6 $100.00 $6.69 $93.31 $312.40 7 $100.00 $5.15 $94.85 $217.55 8 $100.00 $3.59 $96.41 $121.14 9 $100.00 $2.00 $98.00 $23.14 10 $23.52 $0.38 $23.14 $0.00 11 $0.00 $0.00 $0.00 12 $0.00 $0.00 $0.00 13 $0.00 $0.00 $0.00 14 $0.00 $0.00 $0.00 15 $0.00 $0.00 $0.00 16 $0.00 $0.00 $0.00 17 $0.00 $0.00 $0.00 18 $0.00 $0.00 $0.00 19 $0.00 $0.00 $0.00 20 $0.00 $0.00 $ $0.00 21 $0.00 $0.00 $0.00 Totals: $923.52 $73.52 -SRV ULI VITATS LEVISION making this mom pal Toniz wunda ALUNOS...... this monthly Payme payment? . what What CCM that the televWU COM 13 M- SERTE payment? payment by making the $100 $50 payment? In this mini-project, you saw how higher monthly payments resulted in a lower finance charge. Discuss other ways that Maria could have lowered the finance charge. For full credit, your response should mention the grace period on the credit card, as well as a balance transfer to a different card