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Chapter 6, Section 6.5, Question 003c Credit Card Debt John has a balance of $2500 on his credit card that charges 2% interest per month

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Chapter 6, Section 6.5, Question 003c Credit Card Debt John has a balance of $2500 on his credit card that charges 2% interest per month on any unpaid balance. John can afford to pay $100 toward the balance each month. His balance each month after making a $100 payment is given by the recursively defined sequence Bo = $2500, B, = 1.028,-1-100 Using a graphing utility, determine when John will pay off the balance. How many payments of $100 have been made? payments What is the total of all the payments? The total of all the payments - $

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