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Alice has a balance of $16,000 on her credit card. The card carries a 22.00% annual rate of interest. The bank requires a minimum payment

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Alice has a balance of $16,000 on her credit card. The card carries a 22.00% annual rate of interest. The bank requires a minimum payment of 4.00% of the outstanding balance, but no less than $40.00 each month. If Alice wants to pay off the balance in 7 years, how much EXTRA must she pay every month in addition to the required minimum payment? Round your answer to the NEAREST dollar. Do NOT use a dollar sign

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