Credit Card Balance. Elleen is a college student who consistently uses her credit card as a source of funds. She has maxed out her credit card at the $2,900 limit. Eileen does not plan on increasing her credit card balance any further, but has already been declined for a car loan on a badly needed vehicle due to her existing credit card debt. Her credit card charges her 18% annually on outstanding balances. If Elieen does not reduce her credit card debt, how much will she pay annually to her credit card company? If Elleen does not reduce her credit card debt, the amount she will pay annually to her credit card company is $ (Round to the nearest dollar.)