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Evertyne has a personal LOC with her bank with. a maximum credit limit of $11,000.00. The interest tate is prime plus 1.75%, and the current

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Evertyne has a personal LOC with her bank with. a maximum credit limit of $11,000.00. The interest tate is prime plus 1.75%, and the current prime rate is 4.75%. Regardless of any account transaction activity, her bank requires on the first of every month for her to pay "the greater of 5% of the current balance or $100 from. her checking account. She is allowed to exceed her maximum credit limit, but if she does the entire balance is subject to 23% interest untill such time as the balance is restored below the credit limit. On October 1 , the opening balance on her LOC was $2,900.00. She took advances of $3,900.00,$4,100.00, and $5,000.00 on October 22, November 16, and December 1, respectively. She made payments of $4,600,00,$3,500.00, and $4,900.00 on November 1, November 22, and December 18 , respectively. The prime rate decreased by 0.25% on November 7 . Complete the repayment schedule below by filling in the interest charges for October, November, and December

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