Jill bought a $740 rocking chair. The terms of her revolving charge are 1.5% on the unpaid balance from the previous month. If she pays $100 per month, complete a schedule for the first 3 months. Be sure to use the U. S. Rule. (Round your final answers to the
nearest cent.)
Monthly
payment
number
1
Outstanding
balance due
1.5% interest
payment
Amount of Reduction in
monthly payment balance due
Outstanding
balance duo
2
3