Omar's credit card has an APR of 26% calculated on the previous monthly
balance. His credit card record for the last 7 months is shown in the table
below.
End of Previous
Month Balance
$0.00
$301.23
$254.41
$169.46
$191.45
$121.58
$195.55
OUAWN-
New
Charges
$301.23
$266.65
$89.54
$198.32
$165.98
$211.34
$397.54
Payment
Received
$0.00
$320.00
$180.00
$180.00
$240.00
$140.00
$340.00
Charges
$0.00
$6.53
$5.51
$3.67
$4.15
$2.63
$4.24
Principal
Paid
$0.00
$313.47
$174.49
$176.33
$235.85
$137.37
$335.76
New
Balance
$301.23
$254.41
$169.46
$191.45
$121.58
$195.55
$257.33
On what amount of money will Omar be charged interest for month 8?