It's November and Mia's credit card has a balance of $7,500. The minimum payment due is $300. The APR is 23%. If she pays only the minimum payment this month, how much of the payment will go toward principal?

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The Answer of It's November and Mia's credit card has a balance of $7,500. The minimum payment due is $300. The APR is 23%. If she pays only the minimum payment this month, how much of the payment will go toward principal?

It's November and Mia's Credit Card Has a Balance of $7,500