Question: 00 w G B D E F H L 1. Bill realizes that he has charged too much on his credit card and has racked

00 w G B D E F H L 1. Bill realizes that he has charged too much on his credit card and has racked up $5,000 in debt. if he can pay $200 each month and the card charges 20 percent APR (compounded monthly), how long will it take him to pay off the debt? 4 15 16 17 2. If Bill pays $250 each month instead, how long will it take him to pay off the debt? 118 19 20 21 22 23

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