Suppose you open a credit card account and charge $100 to the account on the first of each month to pay for your cable and Internet subscription. You plan to pay just the minimum payment each month for the first 6 months (until your summer job starts). The APR is 22.99% and the minimum payment is 5.5% of the balance. Use Excel to fill in the values in the table below and answer the questions that follow.

Month	Starting Balance	New Purchases	Balance + Purchases	Finance Charge	New Balance	Minimum Payment
1	$0	$100	$100
2		$100
3		$100
4		$100
5		$100
6		$100
7		XXX	XXX	XXX	XXX	XXX

Express your answers rounded to the nearest cent.

(a) What is the starting balance at the beginning of the 4th month?

(b) What is the total of the minimum payments?

(c) Your total finance charge is what percent of your total payments? Express your answer rounded to the nearest tenth of a percent.