Tran has a credit card with a spending limit of $2000 and an APR (annual percentage rate) of 12%. During the first month, Tran charged $450 and paid $150 of that in his billing cycle. Which expression will find the amount of interest Tran will be charged after the first month? (0.01) (300 dollars)
(0.01) (450 dollars)
(0.12) (300 dollars)
(0.12) (450 dollars)