2) Michael makes a purchase of $3,500 for a new fridge using a credit card that has an APR of 15%. He makes monthly payments of $150. What is the total amount of interest based on the APR?
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Home » Mathematics » 2) Michael makes a purchase of $3,500 for a new fridge using a credit card that has an APR of 15%. He makes monthly payments of $150. What is the total amount of interest based on the APR?