The following table shows the expenses and payments on a credit card for 3 months, starting with an initial balance of $450. Use the table as a guide to help you find the balance at the end of the third month, to the nearest dollar. Assume that the APR for the credit card is 27% (billed at a rate of 2.25% per month), and that the interest for a given month is based on the balance for the previous month.


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To calculate the balance at the end of the third month, we'll follow these steps:

1. **Understand the Given Information**:
   - **Initial Balance**: $450
   - **APR (Annual Percentage Rate)**: 27%
   - **Monthly Interest Rate**: 2.25% (which is 27%/12)
   - **Expenses and Payments**: These will be given in the table (need the details from the table to proceed).

2. **Calculate the Monthly Interest and Update the Balance**:
   - For each month, we first add the expenses to the balance.
   - Then, apply any payments to reduce the balance.
   - After payments, we apply the monthly interest rate of 2.25% on the remaining balance.

3. **Repeat for Each Month**:
   - We need to calculate the balance for each month by following the steps above.

To proceed, could you please provide the expenses and payments for each month from the table? If you upload the image or provide the data in text form, I can compute the final balance for you.

The following table shows the expenses and payments on a credit card for 3 months, starting with an initial balance of $450. Use the table as a guide to help you find the balance at the end of the third month, to the nearest dollar. Assume that the APR for the credit card is 27% (billed at a rate of 2.25% per month), and that the interest for a given month is based on the balance for the previous month.

Learn how to calculate the balance on a credit card after 3 months, starting with an initial balance of $450 and an APR of 27%, using the monthly interest rate of 2.25%. This example demonstrates percentage calculations and simple interest concepts, suitable for Grades 9-12.

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