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Part 1
On February 2​, the billing​ date, Carol Ann had a balance due of ​$127.73 on her credit card. Her bank charges an interest rate of​ 1.25% per month. She made the transactions described in the table during the month.
Feb. 9
​Charge: Art supplies
​$23.83
Feb. 11
Payment
​$90.00
Feb. 21
​Charge: Flowers delivered
​$68.54
Feb. 25
​Charge: Music CD
​$13.93
​a) Determine the finance charge on March 2​, using the previous balance method.