Worksheet: Caleulating what happens to a credit card balance Fill in the table below by calculating the interest, new balance what happens to the balanct sfcenarios, $25,00 per month and $50.00 per month. Follow what happens to the balance for the scenarios and answer the cq Note: If you pay off the balance in full when you get the first statement there will be no interest and the carry over balance will be zero. the questions below. Month Balance Interest Payment New Balance Total of all Payments made until this time lance Total of all Payments Month Balance Interest Payment NewB made until this time Questions: How much do you save if you pay it off at the end of the first month? lence ters 4.32 b 229.84 2.08 ol 2,0 55,5 Worksheet: Caleulating what happens to a credit card balance Fill in the table below by calculating the interest, new balance what happens to the balanct sfcenarios, $25,00 per month and $50.00 per month. Follow what happens to the balance for the scenarios and answer the cq Note: If you pay off the balance in full when you get the first statement there will be no interest and the carry over balance will be zero. the questions below. Month Balance Interest Payment New Balance Total of all Payments made until this time lance Total of all Payments Month Balance Interest Payment NewB made until this time Questions: How much do you save if you pay it off at the end of the first month? lence ters 4.32 b 229.84 2.08 ol 2,0 55,5