Question: Attempts Keep the Highest/3 17. Problem 5.37 (Paying off Credit Cards) eBook Simon recently received a credit card with an 18% nominal interest rate. With
Attempts Keep the Highest/3 17. Problem 5.37 (Paying off Credit Cards) eBook Simon recently received a credit card with an 18% nominal interest rate. With the card, he purchased an Apple iPhone 7 for $352,99. The payment the card is only $20 per month a. If Simon makes the minimum monthly payment and makes no other charges, how many months will it be before he pass of the city Dorton Intermediate calculations. Round your answer to the nearest whole number month(s) b. If Simon makes monthly payments of $6s, how many months will it be before he pays off the debt? Do not round intermediate closed for answer to the nearest whole number month(s) c. How much more in total payments will Simon make under the $20-a-month plan than under the 165-month an Do not und calculations, Round your answer to the nearest cent
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