You finance a $12,000 condo renovation completely on credit and you will just pay the minimum payment each month for the next few months. The APR is 18.99% and the minimum payment each month is 5% of the balance. Determine the finance charge, carry-over balance, and minimum payment required for each of the next two months, and the starting balance for month 2 in the table below. Round each answer to the nearest cent and do not enter the $ as part of your answer, enter a number only. Month Carry-over balance Finance charge New balance Minimum payment 1 $12000