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3 Homework Section 10 Credit Cards You open a credit card account and you charge $100 to the account on the first of each month

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3 Homework Section 10 Credit Cards You open a credit card account and you charge $100 to the account on the first of each month to pay for your cable and internet subscription. You plan to pay just the minimum amount each month for this first 6 months until your summer job starts. The APR is 24.99% and the minimum payment is 3% of the balance. Remember the finance charge is only added to a carry-over balance! Fill in the table below Month Starting Balance Finance Charge New Purchases New Balance Minimum Payment 1 $0 $100 $100 $100 $100 $100 $100 2 4 5

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