Question: Determine how long it will take to pay off the following debts: Part A: A credit card balance of $4,531 if you can afford

Determine how long it will take to pay off the following debts:

 

Determine how long it will take to pay off the following debts: Part A: A credit card balance of $4,531 if you can afford monthly payments of $30 and the interest rate is 3.99% annual interest compounded monthly? [Select] Part B: A credit card balance of $4,531 if you can afford monthly payments of $30 and the interest rate is 26.99% annual interest compounded monthly? [Select]

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