3. Using this "Credit Card Calculator", calculate the amount of money that will be lost in the form of interest and opportunity costs. I have provided an example for you. Use 2% as the minimum amount to pay with no other fixed amount. Balance You (make up Example 1 2 3 4 your own numbers) 10,000 2,000 750 1,500 3,200 Interest Rate 14% 16% 25% 16% 22% Number of Months 386 Months and Years until debt is paid = 32 years Total payments $ 23,332 ($10,000 Principle + $13,332 How much is interest? Interest) $13.332 Activate W