3. [-/9 Points] DETAILS MY NOTES PRACTICE ANOTHER You have a credit card with an APR of 24%. You begin with a balance of $850. In the first month you make a payment of $500 and you make charges amounting to $400. In the second month you make a payment of $300 and you make new charges of $650. Complete the following table. (Round your answers to the nearest cent.) Previous balance Payments Purchases Finance New charge balance Month 1 $850 $ 500 400 $ $ Month 2 $ $ 30 $ 650 eBook Viewing Saved Work Revert to Last Response 4. [-/9 Points] DETAILS MY NOTES PRACTICE ANOTHER You have a credit card with an APR of 22.6%. You begin with a balance of $1300, in response to which you make a payment of $300. The first month you make charges amounting to $600. You make a payment of $300 to reduce the new balance, and the second month you charge $700. Complete the following table. (Round your answers to the nearest cent.) Previous Payments Purchases Finance New balance charge balance Month 1 $1300 $ Month 2 $ eBook 5. [-/9 Points] DETAILS MY NOTES PRACTICE ANOTHER Assume that you start with a balance of $5000 on your Visa credit card. During the first month, you charge $600, and during the second month, you charge $250. Assume that Visa has finance charges of 24% APR and that each month you make only the minimum payment of 2.5% of the balance. Complete the following table. (Round your answers to the nearest cent.) Previous Purchases Finance New balance Minimum payment charge balance Month 1 $5000.00 $ Month 2 $ $1 $ eBook 6. [-/1 Points] DETAILS MY NOTES PRACTICE ANOTHER Assume that you have a balance of $4000 on your Discover credit card and that you make no more charges. Assume that Discover charges 24% APR and that each month you make only the minimum payment of 2.5% of the balance. Find a formula for the balance B after t monthly payments. eBook