Question: Can I please get some help with this question on how to solve it? Ellen has maxed out her credit card at $12,500 and vows

Can I please get some help with this question on how to solve it?

Ellen has maxed out her credit card at $12,500 and vows not to make any othercredit card purchases. Her credit card company charges 1.24% interest permonth, and the minimum monthly payment is all interest due plus 2% of theprincipal balance. How much of the balance can Ellen pay down if she pays theminimum payment only for 4 months

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