Question

You have an unpaid balance of $350, on your credit card. You stop making additional purchases...

You have an unpaid balance of $350, on your credit card. You stop making additional purchases with the card and make minimum payments for 10 months. If the credit card company charges 21% APR and requires minimum payments of 4%, what is your remaining balance at the end of the tenth month?
$ 276.77

What are your total payments in those ten months?
$  

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