Question: i need help wory both questions please. ill tip You have credit card debt of $5,000 at 20% APR compounded monthly. If you charge no

i need help wory both questions please. ill tip

You have credit card debt of $5,000 at 20% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $475, how many months will it take you to payoff your debt? Your Answer: Answer Question 17(0.15 points) How many months will it take you to pay off a loan of $20,000 at 5% APR compounded monthly if you make monthly payments of $625

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