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Jill bought a $540 rocking chair. The terms of her revolving charge are 1% on the unpaid balance from the previous month. If she pays

Jill bought a $540 rocking chair. The terms of her revolving charge are 1% on the unpaid balance from the previous month. If she pays $100 per month, make a schedule for the first 3 months. Be sure to use the U.S. Rule.(Round your final answers to the nearest cent.)

Monthly payment number: 1,2,3

Outstanding balance due :

1.0% interest payment:

Amount of monthly payment:

Reduction in balance due:

Outstanding balance due:

*Supposed to be a 5x3 chart (3 rows, 5 choices)

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