Assume that you start with a balance of $4100 on your credit card. During the first month, you charge $700, and during the second month, you charge $550. Assume that your credit card charges a 28% 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.)

Month 1 Previous balance= Financial Charge= Purchase= Payments= New Balance=

Month 2 Previous balance= Financial Charge= Purchase= Payments= new Balance=