On the April 11 billing date, Michaelle Chappell had a balance due of $1220.36 on her credit card. From April 11 through May 10, Michaelle charged an additional $406.95 and made a payment of $900. a)...

Extracted text: On the April 11 billing date, Michaelle Chappell had a balance due of $1220.36 on her credit card. From April 11 through May 10, Michaelle charged an additional $406.95 and made a payment of $900. a) Find the finance charge on May 11, using the previous balance method. Assume that the interest rate is 1.7% per month. b) Find the new balance on May 11. a) The finance charge on May 11 is S (Round to the nearest cent as needed.) b) The new balance on May 11 is $ (Round to the nearest cent as needed.)