1.what is the finance charge

2. what will his beginning balance be at the start of the next billing cycle

Frank's credit card statement shows a balance of $1132.20 on the first day of the biling cycle. If he makes a payment of $517.71 and charges $388.62 during this billing period, what will his finance charge be (the interest rate is 1.61% of the unpaid balance per month)? What will his beginning balance be at the start of the next billing cycle? Round the answers to the nearest cent. Part: 0/2 Part 1 of 2 The Ninance charge is $