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5. [0/9 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you start with a balance of $4000 on your Visa

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5. [0/9 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you start with a balance of $4000 on your Visa credit card. During the first month, you charge $500, and during the second month, you charge $250. Assume that Visa has finance charges of 30% APR and that each month you make only the minimum payment of 2.5% of the balance. Complete the following table. (Round your answers to the nearest cent.) Minimum payment Purchases Previous balance $4000.00 Finance charge New balance $ Month 1 $500 X $ Month 2 $ $ eBook

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