Question: (Nonannual compounding using a calculator) Dennis Rodman has a $ 5,000 debt balance on his Visa card that charges an APR of 17.3 percent compounded

(Nonannual compounding using a calculator) Dennis Rodman has a $ 5,000 debt balance on his Visa card that charges an APR of 17.3 percent compounded monthly. Dennis's current minimum monthly payment is 4 percent of his debt balance, $200. How many months (round up) will it take Dennis to pay off his credit card if he pays the current miminum payment of $200 at the end of each month

How many months will it take Dennis to pay off his credit card?

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