1. During Winter Break, your trip to Fiji went a little over budget, and you had to charge $2024.53 on a credit card. If you are able to make payments of $100 per month, and your credid card charges you 16.9% annual interest, how many months will it take to completely pay the credit card balance?

2.What is the Yield-to-Maturity of a 5.5% coupon bond with 22.5 years remaining until maturity, a par value of $1000, and a current price of $938.70? The bond makes semi-annual coupon payments.