8. Mrs. Imperiale's credit card has an APR of 13.2%. She does not ever pay her balance off in full, so she always pays a finance charge. Her next billing cycle starts today. The billing period is 31 days long. She is planning to purchase $7,400 worth of new kitchen cabinets this month. She will use her tax refund to pay off her entire bill next month. If she purchases the kitchen cabinets on the last day of the billing cycle instead of the first day, how much would she save in finance charges