Question: we are able to ask for assistance on these problems, but I do not understand how to do these 6. [-19 Points] DETAILS CRAUDOL3 4.4.013.
we are able to ask for assistance on these problems, but I do not understand how to do these
6. [-19 Points] DETAILS CRAUDOL3 4.4.013. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 24%. You begin with a balance of $500. In the first month you make a payment of $450 and you make charges amounting to $350. In the second month you make a payment of $350 and you make new charges of $600. Complete the following table. (Round your answers to the nearest cent.) Previous balance Payments Purchases Month 1 $900 $ $ $ Manth 2 $ S $ 1 Finance charge $ New balance $ $1 $ eBook 7. (-19 Points] DETAILS CRAUDQL3 4.4.015. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 22.6%. You begin with a balance of $1400, in response to which you make a payment of $300. The first month you make charges amounting to $500. You make a payment of $300 to reduce the new balance, and the second month you charge $SSO. Complete the following table. (Round your answers to the nearest cent.) Previous Finance New balance Payments Purchases charge balance Month 1 51100 sl $ $1 Manth 2 $ s $ $ $ ook 8. [-19 Points] DETAILS CRAUDOL3 4.4.017. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you start with a balance of $3500 on your Visa credit card. During the first month, you change $500, and during the second month, you change $400. Assume that Visa has finance charges of 30% APR and that each month you make only the minimum payment or 2.5% of the balance. Complete the following table. (Round your answers to the nearest cent.) Previous Financa New balance Minimum payment Purchases charge balance Month 1 S3500.00 $ $ $ Month 2 $ $ $ $1 $ $ eBook
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