Tamika opens a credit card in which the minimum monthly payment is 15%. Her current balance is $2,450, not including the finance charge, and the APR is 20.5%. Assuming she makes a payment of $400 this month, how much will the minimum monthly payment be for the next month?

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Tamika opens a credit card in which the minimum monthly payment is 15%. Her current balance is $2,450, not including the finance charge, and the APR is 20.5%. Assuming she makes a payment of $400 this month, how much will the minimum monthly payment be for the next month?

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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