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Jerry Allison starts the month with a balance on his credit card of $800. On the 10th day of the month, he purchases $200 in

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Jerry Allison starts the month with a balance on his credit card of $800. On the 10th day of the month, he purchases $200 in clothes with his credit card. On the 15th day of the month he makes a payment on his credit card of $300. The bank charges 1.5 percent interest per month using the previous balance method. What would Jerry's finance charges be for the month? Select one: a. $12.00 b. $4.50 c. $11.25 d. $18.00 e. $7.50

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