a.

b.

If I have a credit card balance of $5000 with a monthly interest rate of 1%, how much would I have to pay each month for 2 years so that I have a zero balance at the end of the 2 years? If the maximum amount I can afford to pay is $200 per month, and I have the same $5000 balance on the credit card with a monthly interest rate of 1%, how many months (round up to the nearest integer) will it take me to pay off the balance