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On February 2, the billing date, Carol Ann Feb. 6 Charge: Art supplies $28.82 had a balance due of $127.92 on her credit Feb. 12

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On February 2, the billing date, Carol Ann Feb. 6 Charge: Art supplies $28.82 had a balance due of $127.92 on her credit Feb. 12 Payment $90.00 card. Her bank charges an interest rate of Feb. 20 Charge: Flowers delivered $64.11 1.25% per month. She made the transactions described in the table during the month. Feb. 26 Charge: Music CD $12.24 a) Determine the finance charge on March 2, using the previous balance method. b) Determine the new balance on March 2. ..... a) The finance charge on March 2 is $ (Round to the nearest cent as needed.) b) The new balance due on March 2 is $ (Round to the nearest cent as needed.)

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