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Mindy's credit card has an APR of 15%, calculated on the previous monthly balance, and Mindy makes a payment of $50 every month. Her credit card record for the last 7 months is shown in the table below.
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Mindy's credit card has an APR of 15%, calculated on the previous monthly balance, and Mindy makes a payment of $50 every month. Her credit card record for the last 7 months is shown in the table below. What were the finance charges in month 2?

User Kady
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the answer to this question is $0.56
User LearnByReading
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