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35. Jamal has a balance of $3,500 on his Kohl's credit card. The interest rate is 24% per year and he pays $300 on time
35. Jamal has a balance of $3,500 on his Kohl's credit card. The interest rate is 24% per year and he pays $300 on time each month. He knows he needs to cut back on spending, but he ends up charging the additional amounts shown below each month. Complete the table to see what happens to the balance over the first two months. Balance Interest Payment Month Number 1 New Charges $88 New Balance $3,500.00 $70 $300 2 $300 $237
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