Use a calculator to see what would happen if you used a credit card to pay the minimum monthly payment. Calculate using the following information:

Cost of computer (balance): $600
Annual percentage rate (APR): 12.9%
Total duration of payments: 2 years
Use the simple interest formula:

A = (P)(r)(t)

If you make only the minimum payment each month, what will the total cost of the computer be?

$600
$629
$755
$830