Abraham's credit card has an apr of 13%, calculated on the previous monthly
balance, and abraham makes a payment of $50 every month. his credit card
record for the last 7 months is shown in the table below.
end of previous
new
payment finance principal new
month balance charges received charges
paid
balance
$0.00 $41.00 $0.00 $0.00 $0.00 $41.00
$41.00 $229.00 $50.00
$49.56 $220.44
$220.44 $71.00 $50.00 $2.39 $47.61 $243.83
$243.83 $23.00 $50.00 $2.64 $47.36 $219.47
$219.47 $145.00 $50.00 $2.38 $47.62 $316.85
$316.85 $333.00 $50.00 $3.43 $46.57 $603.28
$603.28 $78.00 $50.00 $6.54 $43.46 $637.82
von awn
what were the finance charges in month 2?