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Your credit card has a balance of ?$5400 and an annual interest rate of 16%.You decide...

Your credit card has a balance of ?$5400 and an annual interest rate of 16%.You decide to pay off the balance over three years. If there are no further purchases charged to the ?card,

a. How much must you pay each? month?

?(Do not round until the final answer. Then round to the nearest dollar as? needed.)

b. How much total interest will you? pay?

(Use the answer from part a to find this answer. Round to the nearest dollar as? needed.)

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