A balance statement. Assume that you have a balance of $4500$4500 on your Visa credit card. During the first month, you charge $500,$500, and during the second month, you charge $300.$300. Assume that Visa has finance charges of 24%24% APR and that each month you make only the minimum payment of 2.5%2.5% of the balance. Complete the following table. (Enter your answers rounded to the nearest cent.)

A balance statement. Assume that you have a balance of $4500 on your Visa credit card. During the first month, you charge $500, and during the second month, you charge $300. Assume that Visa has finance charges of 24% APR and that each month you make only the minimum payment of 2.5% of the balance. Complete the following table. (Enter your answers rounded to the nearest cent.) B=$ purchases in Month 1. C=$ finance charge in Month 1. D=$ new balance at the end of Month 1 . E=$ previous balance from end of Month 1