How long would it take you how many payments and how many, Financial Management

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How long would it take you how many payments and how many

Credit card payments

a) How long would it take you (how many payments and how many years) to pay off a credit card with an APR of 17.9 percent if you borrowed $2,025 and make minimum payments of $45 per month?

b) Same question, but use minimum payments of $100 per month.

c) What is the effective annual rate (EAR) of this credit card?

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Financial Management: How long would it take you how many payments and how many

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Financial Management: How long would it take you how many payments and how many

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