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The conditions of a credit card are as follows: annual interest rate of 46.92%, minimum payment of 7.45% and previous balance method (previous balance). Regina
The conditions of a credit card are as follows: annual interest rate of 46.92%, minimum payment of 7.45% and previous balance method (previous balance). Regina George has this type of credit card. At the beginning of the month, she had a balance of $60,793. She made a credit card payment on the 15th for $ 14,306 and made a purchase on the 22nd for $8,878 Calculate: What were your finance charges for the month, using the method specified above? (answer in money, do not put the sign $, 2 decimal places)
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