Please show your work. If you used a calculator with PMT or PV buttons, then just put that next to the amount you put in. I am also working on these but am struggling. Please show your work so i can understand how to do it on my own.

Your credit card debt is $1300 and your rate is 19.99% compounded monthly, you would like to pay this debt off in two years (of course making no new additions to the account). What would be the size of your monthly payment to pay this debt off in two years?

Discuss two ways you can reduce you finance charges on a credit card debt. Give specific information and use examples.