# finance

8. Suppose your Master Card Charges an APR of 16.5%. Your previous statement showed a balance of \$600, you made a payment of \$200. You then bought \$350 worth of electronics, which you charged on your Master Card. Let’s make a spreadsheet a. Suppose in the second month you make a payment of \$250 and then go make purchases of \$460. Complete the second month of the spreadsheet. b. Suppose in the third month you make a payment of \$175 and then make purchases of \$55 and \$120. Complete the third month of the spreadsheet

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