7. Suppose your credit card balance is $15,000. The minimum payment is $344, and the annual percentage rate is 20.2%. a. If you make a constant monthly payment of $344, how long will it take you to pay off the credit card balance? b. How much interest will you pay if you elect to make the minimum payment? a. If you make a constant monthly payment of $344, how long will it take you to pay off the credit card balance? months (Round to four decimal places.) b. How much interest will you pay if you elect to make the minimum payment? $ (Round to the nearest cent.) Gina is interested in buying a house beside the university which she will rent to students. She expects to receive $1,000 a month in rental income (net of maintenance). Gina's real estate agent estimates that she will be able to sell the property for $250,000 at the end of 31 months. Gina wants a retum of 0.8% per month. What is the most that she should pay for the property? Assume that she will purchase the house today and receive the first (beginning of month) rental payment today, What is the most that Gina should pay for the property today? (Round to the nearest dollar)