Assume that you start with a balance of $4000on your MasterCard. Assume that MasterCard has finance charges of16% APR and that each month you make only the minimum payment of3% of the balance. During the first month, you charge $350, and during the second month, you charge $600. Complete the following table. (Round your answers to the nearest cent.)

Safari File Edit View History Bookmarks Window Help ()) 67% Tue 9:15 PM Q DE ... webassign.net C desmos.com C A M101 Fa20 HW #34 - MATH 101, section 05, Fall 2020 | WebAssign Assume that you have a balance of $3000 on your American Express... Homework Help - Q&A from Online Tutors - Course Hero Log In or Sign Up C ? The APR is 16%. The annual rate is not nearly as appealing The APR is 48%. The annual rate is not nearly as appealing. 20 The APR is 48%. The monthly rate is not nearly as appealing. + The APR is 16%. The monthly rate is not nearly as appealing. 15 eBook 10 3. [-/9 Points] DETAILS CRAUDQL3 4.4.018. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you start with a balance of $4000 on your MasterCard. Assume that MasterCard has finance charges of 16% APR and that each month you make only the minimum payment of 3% of the balance. During the first month, you charge $350, and during the second month, you charge $600. Complete the following table. (Round your answers to the nearest cent. Previous Finance New balance Minimum payment Purchases charge balance Month 1 $4000.00 $ -5 0 5 10 Month 2 $ eBook --5- Submit Answer 4. [2/2 Points] DETAILS PREVIOUS ANSWERS CRAUDQL3 4.4.011. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER --10- Calculating minimum payment. You have a credit card with an APR of 36%. The minimum payment is 10% of the balance. Suppose you have a balance of $900. You decide to stop charging and make only the minimum payment. Calculate the minimum payment for the first and second payments. (Be sure to take into account the finance charges. Round your answers to the nearest cent.) first payment $ 90 --15- second payment $ 83.43 eBook -20 402 36 DEC ... 15 City