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Starting New Balance + Finance Month Balance Purchases Purchases Charge New Balance Minimum Payment 1 $0 $125 $125 2 $125 3 $125 4 $125

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Starting New Balance + Finance Month Balance Purchases Purchases Charge New Balance Minimum Payment 1 $0 $125 $125 2 $125 3 $125 4 $125 5 $125 6 $125 7 XXX XXX XXX XXX XXX Express your answers rounded to the nearest cent. (a) What is the total of the finance charges? (b) What is the starting balance at the beginning of the 7th month? $

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