Question: Use PMTE to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of $4100 and an annual interest

 Use PMTE to determine the regular payment amount, rounded to the

Use PMTE to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of $4100 and an annual interest rate of 12%. You decide to pay off the balance over three 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 approximately (Do not round until the final answer. Then found to the nearest dollar as needed.) b. The total interest paid over 3 years is approximately $ (Round to the nearest dollar as needed.) 03 Enter your answer in each of the answer boxes 04/10/20 111 112 Lectures counting Permutations

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