Your credit card has a balance of ?$4200 and an annual interest rate of 12?%. You decide to pay off the balance over five years. If there are no further purchases charged to the ?card,

a. How much must you pay each? month?

___ The monthly payments are approximately

(Do not round until the final answer. Then round to the nearest dollar as? needed.)

b. How much total interest will you? pay?

___ The total interest paid over 5 years is approximately

?(Use the answer from part a to find this answer. Round to the nearest dollar as? needed.)