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General Hint: Although you may use excel on some problems, all of the problems in this section will require a calculator. Excel can help you,

General Hint: Although you may use excel on some problems, all of the problems in this section will require a calculator. Excel can help you, but will not give you the EXACT answer that is counted correct.

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Question 6 5 pts Fill in the chart below using the information for Credit Card Finance. Mike starts with $1299.99 and an APR of 18% and makes no new purchases. The minimum payment is always 7%. Month Carry Over Balance Finance Charge New Balance Minimum Payment 1 $1299.99 2 3 4

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