Everlyne has a personal LOC with her bank with a maximum credit limit of $ The interest rate is prime plus and the current prime rate is Regardless of any account transaction activity,
her bank requires on the first of every month for her to pay "the greater of of the current balance or $ from her checking account. She is allowed to exceed her maximum credit limit but if she does
the entire balance is subject to interest until such time as the balance is restored below the credit limit On October the opening balance on her LOC was $ She took advances of $
$ and $ on October November and December respectively. She made payments of $$ and $ on November November and December
respectively. The prime rate decreased by on November
Complete the repayment schedule below by filling in the interest charges for October, November, and December:
