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A)Simon recently received a credit card with an 18% nominalinterest rate. With the card, he purchased an Apple iPhone 7 for$382.27. The minimum payment on the card is only $20 per month. IfSimon makes the minimum monthly payment and makes no other charges,how many months will it be before he pays off the card? Do notround intermediate calculations. Round your answer to the nearestwhole number.B) If Simon makes monthly payments of $65, how many months willit be before he pays off the debt? Do not round intermediatecalculations. Round your answer to the nearest whole number.C) How much more in total payments will Simon make under the$20-a-month plan than under the $65-a-month plan. Do not roundintermediate calculations. Round your answer to the nearestcent.
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