Question: OF Use PMT= to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of 53100 and an annual

 OF Use PMT= to determine the regular payment amount, rounded to

OF Use PMT= to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of 53100 and an annual interest rate of 129. You decide to pay off the balance over two years. If there are no further purchases charged to the card, a. How much must you pay each month? b. How much total interest will you pay? a. The monthly payments are approccimately $ (Do not round until the final answer. Then found to the nearest dollar as needed b. The total interest paid over 2 years is approssimately $ (Round to the nearest dollar as needed.) ntent uccess

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