Rachel has developed a plan to start paying off her credit card debt, and has stopped making purchases with her credit card. she has a credit card balance of $1,120.87. her card has an apr of 14.12%, compounded monthly, and has a minimum monthly payment of 3.15% of the total balance, which is calculated after the monthly interest. rachel has decided to pay off her debt by making identical monthly payments over a period of two years. if she starts this month, how much greater will her first payment be than the minimum payment required? (round final answer to the nearest dollar.)