7. If you had a balance of $1500 last month and made your first purchase of $250 on the 5th day of the month, made the 4% minimum payment on the 15th day of the month, and then spent another $300 on the 23rd day of the month, how much money would be subject to finance charges If it was a 31 day billing cycle? *

_8. In the example above, if the credit card has an APR of 22%, how much is the finance charge for that month? *