Dane s credit card has an APR of 16 calculated on the

Last updated: 2/3/2024

Dane s credit card has an APR of 16 calculated on the previous monthly balance His credit card record for the last 7 months is shown in the table below End of month 2 3 7 Previous balance 0 00 302 00 246 02 123 32 113 49 108 35 220 71 A 133 34 B 193 00 C 220 71 New charges 302 00 229 00 283 21 19 00 47 00 83 00 148 00 193 00 Payment received 0 00 289 01 144 98 58 47 89 65 37 09 133 34 Finance charges 0 00 4 03 3 28 1 64 1 51 1 44 2 94 Principal paid 0 00 284 98 141 70 56 83 88 14 35 65 130 40 New balance 302 00 246 02 123 32 113 49 On what amount of money will Dane be charged interest for month 8 108 35 220 71 283 31