https://file.aiquickdraw.com/mathbot/file/1726621428284kazpsb3b.jpg

I can see the image with a partial credit card payment problem. Let's break it down for the three questions:

1. **Question (a)** asks about the starting balance at the beginning of the 4th month. It looks like the answer provided is **$392.78**.
   
2. **Question (b)** asks for the total of the minimum payments. The minimum payment is 4% of the balance. The answer provided is **$111.72**.
   
3. **Question (c)** asks what percentage the finance charge represents of the total payments. The given answer is **57%**.

If you need further calculations or have any questions about how these values were derived, feel free to ask!

Would you like to dive into any specific part of the calculation or need help with the table structure?

Here are five related questions for further practice:

1. How is the finance charge calculated from the APR?
2. How would the minimum payment change if the balance was higher each month?
3. What would be the final balance at the end of the 6th month?
4. How does compounding interest affect the total finance charge over time?
5. What happens if you pay more than the minimum payment each month?

**Tip:** Always try to pay more than the minimum payment on a credit card to reduce finance charges and overall debt.

Suppose you open a credit card account and charge $125 to the account on the first of each month for the first 6 months. The APR is 27.99% and the minimum payment is 4% of the balance. What is the starting balance at the beginning of the 4th month? What is the total of the minimum payments? What percent of the total payments is the finance charge?

Learn how to calculate the starting balance at the beginning of the 4th month for a credit card account with a 27.99% APR, a monthly charge of $125, and a minimum payment of 4%. Detailed breakdowns include total minimum payments and the finance charge as a percentage of total payments.

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