Blake's credit card has an apr of 14%, calculated on the previous monthly
balance. his credit card record for the last 7 months is shown in the table
below.
end of previous new payment finance principal new
month balance charges received charges
paid
balance
so 00 $57.00 $0.00 $0.00 $0 00 $57 00
$57.00 $26700 $68 21 $0 67 $67 55 $256 46
$256.46 $154.00 $22.98 $2.99 $19.99 $390.47
$390.47 $19.00 $78.99 $4.56 $74.43 $335.03
$335.03 $48.00 s209.01 $3.91 s205.10 $177.93
$177.93 $59.00 $42.09 $2.08 $40.01 $196.92
$196.92 $110.00 s124 43 $2.30 $122 13 $184.78
on what amount of money will blake be charged interest for month 8? -
o
a. $184.78