Question 7 of 10 Carton's credit i re has an APR - of 178 balance, and purchase. His credit card er of ting on the is st Ajaaaaaa 1453 9998 How much of the $4800 charge that Carton made during the first month has been paid off?Carlton's credit card has an APR of 17%, calculated on the previous monthly balance, and a minimum payment of 2%, starting the month after the first purchase. His credit card record for the last 7 months is shown in the table below. End of month 1 2 4 5 6 7 Previous balance 50.00 54400.00 $4374.33 $4348.82 $4323.45 $4298.23 $4273.16 New charges $4400.00 50.00 50.00 S0.00 $0.00 50.00 50.00 Payment received 50.00 $88.00 $87.49 $86.98 $86.47 $85.96 $85.46 Finance charges 50.00 $62.33 $61.97 $61.61 561.25 560.89 $60.54 Principal paid $0.00 $25.67 $25.52 525.37 $25.22 $25.07 $24.93 New balance $4400,00 $4374.33 $4348.82 $4323.45 54298.23 $4273.16 S4248.23
Answer: $151.77