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20. eBook Simon recently received a credit card with a 12% nominal interest rate. With the card, he purchased arbole $369.83. The minimum payment on

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20. eBook Simon recently received a credit card with a 12% nominal interest rate. With the card, he purchased arbole $369.83. The minimum payment on the card is only $10 per month a. If Simon makes the minimum monthly payment and makes no other charges, how many months web card? Do not round Intermediate calculations, Round your answer to the nearest whole number 46 month(s) b. If Simon makes monthly payments of $35, how many months will it be before he pays off the det? Dentro calculations. Round your answer to the nearest whole number, 11 month(s) c. How much more in total payments will Simon make under the 510-a-month plan than under the 535-method round Intermediate calculations. Round your answer to the nearest cent. 67.19 Hide Feedback Partially Correct Problem 5.17 (Effective Interest Rate) eBook You borrow $100,000; the annual loan payments are $5,783.01 for 30 years. What interest rate are you are your answer to the nearest whole number % 9.96 Hide Feedback Incorrect

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