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Kevin Devlin's credit card company determines his minimum monthly payment by taking 1.5% of any outstanding principal and adding it to any interest charges then

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Kevin Devlin's credit card company determines his minimum monthly payment by taking 1.5% of any outstanding principal and adding it to any interest charges then rounding up to the nearest dollar. The credit card company charges an interest rate of 0.05163% per day on previous balances. On November 12, Kevin used his credit card to pay for the following business expenses: van repairs ($677), equipment maintenance ($452), office supplies ($139), and dinner with clients ($141). (i) Assuming Kevin had no new interest, determine his minimum payrnent due on December 1, his billing date. (ii) On December 1, instead of making his minimum payment, Kevin makes a payment of $300. Assuming there are no additional charges or cash advances, determine Kevin's minimum payment on January 1

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