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Allow entering minimum payment as a percent
Minimum payments can be a percentage of the balance. Thus the tool should allow entering a percentage as well as using a minimum amount and choose the greater of the two as the minimum payment.
Fox example, a balance of $2,230 and a minimum payment of the greater of $25 or 2%: $2,230 * .02 = round( $44.60 ) => $45.00 Minimum payment would be $45 and not $25.