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Assume that you start with a balance of $ 4 1 0 0 on your credit card. During the first month, you charge $ 5

Assume that you start with a balance of $4100 on your credit card. During the first month, you charge $500, and during the second month, you charge $650. Assume that your credit card charges a 27% 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.)
Previous
Balance Finance Charge
(+) Purchases
(+) Payments
(-) New
Balance
Month 1
Month 2

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