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Q20) You currently owe $4,031.00 of your credit card that charges an annual interest rate of 17.89% . You make $196.00 of new charges every

Q20) You currently owe $4,031.00 of your credit card that charges an annual interest rate of 17.89% . You make $196.00 of new charges every month and make a payment of $296.00 every month. What will your credit card balance be in three months? (2 points)

When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

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