The Pierces have acquired $3,100 in credit card debt and are trying to figure out how much interest they would save if they were to pay off their

The Pierces have acquired $3,100 in credit card debt and are trying to figure out how much interest they would save if they were to pay off their credit card in two years instead of making the minimum monthly payment. Knowing that their APR is 16.5% and assuming they do not add additional debt to the card, what monthy payment would allow them to pay off their credit card in two years?

$152.53

$608.92

$282

$129.17