17. You have a balance of $7500 on your credit card and you make no further charges. If your APR is 12.5% and each month you make only the minimum payment of 5% of your balance, what will be your balance after 24 months? A) $3307.83 B) $2808.28 C) $1703.27 D) $3789.06 18. A simplified formula for the amount on a credit card subject to finance charges is: A) Previous balance + Payments - Purchases. Payments-Purchases - Previous balance. C) Payments+ Purchases - Previous balance. D) Previous balance - Payments + Purchases. B) 19. Suppose you toss a pair of dice. What is the probability that the total number of dots appearing is 6? A) 5/6 B) 5/36 C) 1/6 D) 25/36 20. Suppose you randomly choose two cards from a thoroughly shuffled deck. If you put the first card back in the deck before you draw the second, what is the probability that the first card is an ace and the second card is a king? A) 2/13 B) 1/221 C) 1/169 D) 3/676 21. A shirt company has three designs that can be made with either short or long sleeves. There are six colors available. How many different types of shirts are available? A) 36 B) 24 C) 18 D) 11