Kathy Hansen has a revolving credit account. The finance charge is calculated on the previous month's balance, and the annual percentage rate is 21%. Complete the following five-month account activity table for Kathy.
Previous | Purchases | ||||
Month's | Finance | and Cash | Payments | Nest Balance | |
Month | Balance | Charge | Advances | and Credits | End of Month |
8. | March | $560.00 | _____ | $121.37 | $55.00 |
_____
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