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A3. Refer to case study 3 To Charge or Not to Charge discussed in class (pages 2.25 -2.29 of your lecture notes). At the end

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A3. Refer to case study 3 "To Charge or Not to Charge" discussed in class (pages 2.25 -2.29 of your lecture notes). At the end of her time horizon when your friend graduated from the Master of Finance program at Melbourne Uni she owed $58,126 on her credit card. Calculate the amount that your friend would need to repay every month for her to able to repay this credit card debt in full by the end of: (a) month 24 and (b) month 36. Show all calculations and round your final answers to the nearest dollar. A3. Refer to case study 3 "To Charge or Not to Charge" discussed in class (pages 2.25 -2.29 of your lecture notes). At the end of her time horizon when your friend graduated from the Master of Finance program at Melbourne Uni she owed $58,126 on her credit card. Calculate the amount that your friend would need to repay every month for her to able to repay this credit card debt in full by the end of: (a) month 24 and (b) month 36. Show all calculations and round your final answers to the nearest dollar

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