For the holidays, the Smith family pays $3500.00 in expenses with a credit card. The credit card has a
20% APR.
The Smiths want to compare the difference between paying $100.00 and $150.00 of the balance monthly.
How much do they save in interest and fees if they pay $150.00 instead of $100.00? Enter your answer as a
total in dollars and cents, such as: $40.65.