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  3. intro jake owes $2,600 on his credit card. he is n

Intro Jake owes $2,600 on his credit card. He is not charging any additional purchases...

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Intro Jake owes $2,600 on his credit card. He is not charging any additional purchases because he wants to get this debt paid in full. The card has an annual rate of 14.4%. - Attempt 1/5 for 10 pts. Part 1 How long does it take to pay off this balance if he only makes monthly minimum payments of $30? Can you find an answer? Why? a long time cannot find an answer about 20 years about 10 years Submit Part 2 1 Attempt 1/10 for 10 pts. What if he makes monthly payments of $45? How many months will it take to pay off the credit card debt? 1+ decimals Submit

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