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Polhis: 0 of 1 The table below shows the expenses and payments for 8 months on a credit card account with an initial balance of

Polhis: 0 of 1
The table below shows the expenses and payments for 8 months on a credit card account with an initial balance of $250. Assume that the interest rate is 0.5% per month (6% APR) and that interest for a given month is charg Complete the table. After 8 months, what is the balance on the credit card?
Click the icon to view the table of expenses and payments.
Complete the table below.
(Round to the nearest cent as needed.)
\table[[Month,Payment,Expenses,Interest,Balance],[0,-,-,$250,],[1,$250,$200,$1.25,$201.25

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