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3- Suppose that you owe $300 on a credit card that charges 18% APR. You pay $150 and then you can pay the remaining balance

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3- Suppose that you owe $300 on a credit card that charges 18% APR. You pay $150 and then you can pay the remaining balance either the minimum 30% or $30, whichever is higher, every month. Assume that the bank uses the adjusted balance method to calculate the interest. Fill in the following table. n Amount billed Beginning Balance Interest Charge Payment required Ending Balance 0 1 2 3 4 va

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