Assume you want to buy a computer that costs $3200 using a credit card that has an APR of 16.99%.

a) How long will it take you to pay off the computer if you make regular monthly payments of $50? Round answers to the nearest year.

b) Using your answer from part a, how much will you pay in the long run for the computer if you make monthly payments of $50? Round answers to the nearest cent.

c) How long will it take you to pay off the computer if you make regular monthly payments of $90? Round answers to the nearest year.

d) Using your answer from part c, how much will you pay in the long run for the computer if you make monthly payments of $90? Round answers to the nearest cent.

e) Using your answer from parts b and d, how much would you save in the long run by paying the additional $40 per month? Round answers to the nearest cent.