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1. Do not use Excel. Jose's MasterCard bill had grown to $3,295. Determine how much he would have to pay per month if his card

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1. Do not use Excel. Jose's MasterCard bill had grown to $3,295. Determine how much he would have to pay per month if his card had an interest rate of 23.4% and if he hoped to pay it all back in equal payments for 2 years. Assume that no other charges were made. 2. Do not use Excel. Jewell's monthly payments for her student loans at Parsons were $397.25. If her interest rate was 4.18% and she paid back all of the loan in 5 years, how much did she pay back in total interest

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