Using an online calculator, determine the total cost, fixed monthly payment, and the total interest paid when repaying a credit card loan of $3,500 with a 21% interest rate compounded monthly over a 24-month term. Round the answer to the nearest dollar. (2 points)
To the nearest dollar, the total cost of repaying the loan is $ The fixed monthly payment amount is $
The total amount of interest paid is $
The total cost of repaying the loan is $4,544.
The fixed monthly payment amount is $190.
The total amount of interest paid is $1,044.