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Mathematics, 12.11.2019 19:31 ilvvsShatalov2214
Dawn's credit card has an apr of 15%, calculated on the previous monthly
balance, and a minimum payment of 2%, starting the month after the first
purchase. her 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 $1700.00 $0.00 $0.00
$0.00
$1700.00
$1700.00 $0.00 $34 00 $21 25 $12.75 $1687 25
$1687.25
$0.00
$33.75
$21.09
$12.65 $1674.60
$1674 60 $0.00 $33.49 $20.93 $12 56 $1662 04
$1662.04
$0.00
533 24
$20.78
$12.47 $1649.57
$1649.57
$0.00
$32.99
$20 62 $12.37 $1637 20
$1637.20
$0.00
$32.74
$20.46
$12.28 $1624.92
own
what is the total amount that dawn has paid in interest over the 7 months?
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Dawn's credit card has an apr of 15%, calculated on the previous monthly
balance, and a minimu...
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