Dennis Rodman has a ​$4,500 debt balance on his Visa card that charges an APR of 17.1 percent compounded monthly.​ Dennis's current minimum monthly payment is 3 percent of his debt​ balance, $135. How many months​ (round up) will it take Dennis to pay off his credit card if he pays the current miminum payment of $135 at the end of each​ month?       How many months will it take Dennis to pay off his credit​ card?

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A:

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A: 1.

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A: we will only answer the first question, for the remianing questions, kindly resubmit the question…

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Q: find the simple interest rate

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Q: A career counselor decides to make monthly payments of $150 on credit card debt of $3,496.55 and…

A: Required :To compute the number of fewer payments if monthly payments are increased to $200.

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