Jacob, who accumulated some debt when he was in college, wants to eliminate his debt. now that he is working, he can put $100 extra toward his debt elimination. he owes $450 on his credit card, $1,650 on his car, and $1,500 on his student loan. he determines that paying off his credit card balance first is best since it has the highest apr and that his car loan has the second highest apr. what is the total amount of jacob's debt when he begins his debt elimination plan?
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