recently, you made multiple large purchases on your credit card totaling $11,025. The interest rate on your credit card is 14.3% per year, compounded monthly, and your statement says your minimum payment is $325.00 per month. a) How many minimum payments will you need to make to pay off your purchases, assuming you cut up your card and make no additional purchases? b) How much total interest will you pay by making the minimum monthly payment?