Assume that you have a balance of $4000 on your Discover credit card and that you make no more charges. Assume that Discover charges 24% APR and that each month you make only the minimum payment of 2.5% of the balance. Find a formula for the balance B after t monthly payments. eBook Submit Answer Assume that you have a balance of $5000 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 3% of the balance. What will the balance be after 32 months? (Round your answer to the nearest cent.) $ eBook Assume that you have a balance of $4500 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 2.5% of the balance. What will the balance be after 10 years? (Round your answer to the nearest cent.) eBook Assume that you have a balance of $3300 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 4% of the balance. What will the balance be after 26 months? (Round your answer to the nearest cent.) $ eBook Assume that you have a balance of $2900 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 4% of the balance. At what balance do you begin making payments of $40 or less? $ eBook Assume that you have a balance of $4000 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 5% of the balance. Find how many months it will take to bring the remaining balance down to $400. (Round your answer to the nearest whole number.) months eBook Assume that you have a balance of $4000 on your Discover credit card and that you make no more charges. Assume that Discover charges 24% APR and that each month you make only the minimum payment of 2.5% of the balance. Find a formula for the balance B after t monthly payments. eBook Submit Answer Assume that you have a balance of $5000 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 3% of the balance. What will the balance be after 32 months? (Round your answer to the nearest cent.) $ eBook Assume that you have a balance of $4500 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 2.5% of the balance. What will the balance be after 10 years? (Round your answer to the nearest cent.) eBook Assume that you have a balance of $3300 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 4% of the balance. What will the balance be after 26 months? (Round your answer to the nearest cent.) $ eBook Assume that you have a balance of $2900 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 4% of the balance. At what balance do you begin making payments of $40 or less? $ eBook Assume that you have a balance of $4000 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 5% of the balance. Find how many months it will take to bring the remaining balance down to $400. (Round your answer to the nearest whole number.) months eBook