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Jill bought a $740 rocking chair. The terms of her revolving charge are 1.5% on the unpaid balance from the previous month. If she pays

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Jill bought a $740 rocking chair. The terms of her revolving charge are 1.5% on the unpaid balance from the previous month. If she pays $100 per month, complete a schedule for the first 3 months like Table 143 Be sure to use the U.S. Rule (Round your final answers to the nearest cent.) Monthly payment number 1 Outstanding balance due 1.5% interest payment Amount of Reduction in monthly payment balance due Outstanding balance due 2 3 TABLE 14.3 Schedule of payments Monthly payment number Outstanding balance due 58.000.00 Amount of monthly payment 5500.00 1% Interest payment $120.00 2015 $8.000.00 $114.30 2015 x 57,620.00 S1085 2015 57.23430 Reduction in balance du $380.00 550000 SO $5000 ST $ (550000 SO'S Outstanding balance du 57.62000 000000 5330 562000 - 519520 S88281 30-$391491 57.620.00 5500.00 57 23430 550000

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