DO THE MATH: Jackie has a credit card charging 23% interest per month. If Jackie
charges $50 in January and makes no payments on the balance each month, how
much does Jackie owe at the end of the year?
Use the table below to help answer the question. The answer is in the red box
(December). Carry at least 5 decimal places during calculations to obtain an accurate
answer. Round your answer to the nearest penny.