A credit card company determines a card holder's minimum monthly payment by adding all new interest to 1.5% of the outstanding principal The credit card company charges an interest rate of 0.05765% per day On November 20, a customer used his credit card to pay for the following business expenses van repairs (5720) equipment maintenance (5358), office supplies (550) and dinner with clients ($133) Use the given information and the rule that minimum payments are rounded up to the nearest dollar to answer parts a and b below a Assuming the card holder had no new interest determine his minimum payment due on December 1, his billing date The card holder's minimum payment due on December 1 is

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