3) STATEMENT BALANCE. Your credit card statement period CLOSES on the 1st of every month and a new statement period OPENS on the 2nd, your credit card payments have a DUE DATE on the 15th of every month. You have an APR of 25.99%. 13a) If you made a purchase for a new phone for $270 on November 16th, how many interest free days will you have left? 13b) When will you have to pay for the purchase in full in order to avoid finance charges? (Exact day of the exact month.) 13c) If you can pay only $50 per month, how long would it take for you to pay it off and how much interest would you end up paying for the purchase? (You can use an online calculator on www.Bankrate.com or another online site)