Assume that you start with a balance of $4500 on your MasterCard. Assume that MasterCard has finance charges of 16% APR and that each month you make only the minimum payment of 4% of the balance. During the first month, you charge $250, and during the second month, you charge $550. Complete the following table. (Round your answers to the nearest cent.)

Assume that you start with a balance of $4500 on your MasterCard. Assume that MasterCard has finance charges of 16% APR and that each month you make only the minimum payment of 4% of the balance. During the first month, you charge $250, and during the second month, you charge $550. Complete the following table. (Round your answers to the nearest cent.) Previous balance Minimum payment Purchases Finance charge New balance Month 1 $4500.00 $ Month 2 $ $ $ $ eBook