bill bought a $500 rocking chair. The terms of her revolving charge are 1% on the unpaid balance from the previous month. If she pays $100 per month, complete a schedule for the first 3 months like Table 14.3. Be sure to use the U.S. Rule (Round your final answers to the nearest cent.) Outstanding balance due 1 1/2% interest payment Amount of Reduction in monthly payment balance due Outstanding balance due Monthly payment number 1 2 3 TABLE 14.3 Schedule of payments Monthly payment number Outstanding balance due Amount of monthly payment $500.00 58.000.00 13% Interest payment $120.00 2015 x 58.000.00) $114:30 2015 $7.620.00) $108.51 2015 x 57.23430 Outstanding balance due $7.620.00 (58.000.00 - $380.00 57.23430 157.620.00 - $385.70) 56 84281 57 234 30 - 530149) 57.620.00 Reduction in balance due $380.00 (5500.00 - $120.00) $385.70 (5500.00 - $114.30) $39149 5500.00 - $108.54 $500.00 S723430 $500.00