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. what were the finance charges in month 2?

$0.44 just had this question on Apex Financial Literacy

Aloha!
 The answer to you question: "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. What were the finance charges in month 2?" 
 Would be $0.44

 I hope this helps!:)

  Adios!:)

As you know john locke said he wanted life liberty and the pursuit of happiness so thomas jefferson was inspired about what john locke said so thomas jefferson wrote the declaration of independence for people to be free for people to be happy