3. Fill in the chart below using the information for Credit Card Finance. He starts with $240 and an APR of 23.99% and makes no new purchases. The minimum payment is always 7 % and that is the payment you make each month, Month Carry-Over Balance Finance Charge New Balance $240.00 Minimum Payment 2 4 4. Find the balance on the credit card after 3 months with the following information: APR 15.99% Carry-Over balance for month 1 $793.16 Minimum payment is $50 or 8% , whichever is greater Finance Charge Month Carry-Over Balance New Balance Minimum Payment $793.16 1 2 4 S. Using Excel, create a chart with the following information below. How many months will pass by until the card reaches approximately a zero balance? (This means the actual balance, not the minimum payment!) Use the following information: Initial charge of $2700 on the card APR of 18 % Only the minimum payment is made each month of 6.4% 3. Fill in the chart below using the information for Credit Card Finance. He starts with $240 and an APR of 23.99% and makes no new purchases. The minimum payment is always 7 % and that is the payment you make each month, Month Carry-Over Balance Finance Charge New Balance $240.00 Minimum Payment 2 4 4. Find the balance on the credit card after 3 months with the following information: APR 15.99% Carry-Over balance for month 1 $793.16 Minimum payment is $50 or 8% , whichever is greater Finance Charge Month Carry-Over Balance New Balance Minimum Payment $793.16 1 2 4 S. Using Excel, create a chart with the following information below. How many months will pass by until the card reaches approximately a zero balance? (This means the actual balance, not the minimum payment!) Use the following information: Initial charge of $2700 on the card APR of 18 % Only the minimum payment is made each month of 6.4%