Shaneeeeee
New member
- Apr 17, 2011
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Dom has a credit card with an outstanding balance of $19,231. The credit card company charges an APR (annual percentage rate) of 22.9% compounded montly. The minimum payment is $538 per month. If Dom makes no new charges on the credit card while making only the mininum monthly payment how much total interest will Dom have paid after his last payment of $538?