For questions 3 and 4, you will be answering by filling in the blanks.
Round to the nearest penny.
You owe $1,032.56 on a credit card with an 11.25% APR. The minimum due is $150.00. What is the difference in the interest accrued if you pay the minimum amount due at the beginning of the month versus at the end of the month?
If you pay the minimum amount due at the beginning of the month, the interest accrued is $___0.00___.
If you pay the minimum amount due at the end of the month, the interest accrued is $___9.66___.
The difference in interest accrued is $___9.66___.