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(4 points) John has a credit card with an APR of 19.99% and a credit limit of $1500. The minimum monthly payment is 4.5% of

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(4 points) John has a credit card with an APR of 19.99% and a credit limit of $1500. The minimum monthly payment is 4.5% of the new balance. If John has a carryover balance of $150 from purchasing school supplies last month and doesn't pay off this balance, what will be John's minimum payment at the end of this month? Express your answer rounded to the nearest cent. If you haven't answered the question correctly in 3 attempts, you can get a hint

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