AF Cleseroom Question Completion Status: QUESTION 1 10 points A credit card has a balance of $333. The APR is 18% and the minimum paymentis 3% of the balance. You will pay the minimum balance this month. If you do not use the card again then how much should the balance be next month? QUESTION 2 10 points A credit card with an APR of 20% has a balance of $1500 on it You make a $400 payment that posts on the 11" day of a 31-day month. How much interest will you be charged for the month? QUESTION 3 10 points Suppose we have a card with an APR of 30%. The minimum payment is 8% of the balance. Suppose we have a balance of $400 on the credit card. We decide to stop charging and to pay it off by making the minimum payment each month. Calculate the new balance after the first minimum payment is made. Calculate the minimum payment that is due the next month. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Sa Feb 25 DELL C $ A & K O 3 4 5 7 y U O PQUESTION 6 A payment on a $255,000 house is $1850. If you pay this monthly for 30 years how much interest will you have paid on this house? QUESTION 7 Calculate the monthly payment and total interest for a loan of $230,000 at 4.75% for 30 years. Monthly Payment Total Interest QUESTION 8 New houses in a neighborhood are selling for $300,000. A down payment of $25,000 is required and a 25-year mortgage is an annual interest rate of 4% is available. Find the monthly mortgage payment. $1,451.55 Click Save and Submit to save and submit. Click Save All Answers to save all answers DELL C OIL % A & K 4 5 7 8 9