1. Steve has a credit card balance of $11,900. The interest rate on this card is 19%. He can only pay $200 per month. Therefore Steve transfers his balance to another credit card that charges 11%. How much will he save by changing to this new card?

Steve will save _______________________________ by switching cards.

2. Carmen has a credit card balance of $4234. The interest rate on this card is 15%. Currently, she has budgeted to pay $75 per month. If she would increase her monthly payment to $175, how much will she save in interest?

Carmen will save ___________________ in interest.