Question: I do not understand how to do these two questions, if you don't mind explaining it to me. Thank you 3) Jimmy's credit card charges

I do not understand how to do these two questions, if you don't mind explaining it to me. Thank you

I do not understand how to do these two questions, if you

3) Jimmy's credit card charges 34.79% interest, compounded daily, on late payments. His minimum payment is 10% of his outstanding balance. He spends $1500 on his credit card. He makes the minimum payment before the due date. a. How much is the minimum payment? 1$ 150 b. How much does he owe 14 days after the due date? c. How much interest is he charged? 4) Jimmy's credit card charges 28.29% interest, compounded daily, on late payments. His minimum payment is 2% of his outstanding balance. He spends $8760 on his credit card. He makes the minimum payment before the due date. a. How much is the minimum payment? b. How much does he owe 20 days after the due date? c. How much interest is he charged

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