Question: 1. Determine how much Priscilla would pay each month in order to pay off her $5,077 bill from American Express if she wants to pay

  1. 1. Determine how much Priscilla would pay each month in order to pay off her $5,077 bill from American Express if she wants to pay it off in 4 years. Assume her card has an interest rate of 23.4%, and assume she made no more charges to her card.

  3. 2. How long would it take Diego to pay off his FIT student loan, which is currently $28,000? His interest rate is consistent with the national 4.45% rate, and he will be making payments of $290.50 each month.

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