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In 2012, the average credit-card debt per U.S. household was $15,374. Assume your debt is consolidated to one card, you make a payment of $5000

In 2012, the average credit-card debt per U.S. household was $15,374. Assume your debt is consolidated to one card, you make a payment of $5000 on Jan. 2nd, and your card has an APR of 1.5% a month. Determine the minimum payment for January, due in February, if you do not make additional purchases.

The average daily balance is?

The interest for this payment cycle is?

The balance due is?

The minimum monthly payment is?

(Round to the nearest cent as needed.)

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