Question 7 of 25 Leroy's credit card has an APR of 21%, 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 Finance charges SO,00 946.50 New balance S2GOD OD Previous balance SO 00 S2600 00 $2593 50 52587 02 S2580 55 32574 10 $7567 66 Dal N New charges S2600 00 SO $0.00 SO 00 SO 00 50.00 SO 00 Principal paid 5000 55 60 Se 48 Payment received SO 00 552.00 $51.67 $51.741 55161 56148 55125 $.45 27 S2587 02 $2560 55 $2574 10 5258766 5256124 $45:05 544 93 562 How much of the initial purchase has Leroy paid off over the 7 months? O A. $271.30 O B. $38.76​