(Annuity payments) Cavin Johnson has a $5,500 debt balance on his Visa card that charpes 12.7 percent APR compounded monthly in 2009 , Calvin's minimum monthly paryment is 4 percent of tis debt bstance, which is $220. How macy months (found up) will it take Calvin Jotnson to pay off his credt card if he pays the current minimum payment of $220 at the end of each month? in 2010, as the result of a federal mandato, the minimum monthly payment on credit cards rose lo 5 percent. if Calvin made monthly payments of 5275 at the and of esch month, how long would it take to poy oft his credit card? a. If Caiva made moethly poytnents of 5220 at the end of each month, now long would it take to pary off his credit cart?? months (Round up to the nearest unit.)