1.Bob has saved $425 each month for the last 6 years to make a down payment on a house. The account earned an interest rate of .46 percent per month. How much money is in Bob's account?

2.Thom owes $4,600 on his credit card. The credit card carries an APR of 17.1 percent compounded monthly. If Thom makes monthly payments of $130 per month, how long will it take for him to pay off the credit card assuming that he makes no additional charges?