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2. The previous statement for your credit card had a balance of $3050. You have a credit card with an APR of 24%. The minimum

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2. The previous statement for your credit card had a balance of $3050. You have a credit card with an APR of 24%. The minimum payment is 12% of the balance. You decide to stop charging and make only the minimum payment. Fill in the chart. Show calculations below the chart Round to the nearest cent. (0.1 x 10 = 1 pt) Previous Balance Finance Charge Purchases Payment New Balance Month 1(a) Month 2 (b) (C)Finance Charge for Month 1 Calculations: (0.5 pt) (Finance Charge for Month 2 Calculations: (0.5 pt) (d) Minimum Payment for Month 1 Calculations: (0.5 pt) (g)Minimum Payment for Month 2 Calculations: (0.5 pt) (e) New Balance for Month 1 Calculations (0.5 pt) (h) New Balance for Month 2 Calculations (0.5 pt)

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