Choose one credit card you are using now. If you do not have a credit card, you can look at the credit card your friends or family members are using. Search online for the APR of the credit card you choose. If you get a range of APR, you can use any number within the range as the cards APR. Write down the information of the card its issuer, name and APR.

A) Suppose there is a balance of $8,000 on the card and the grace period is already over. How long does it take for this balance to become $10,000, based on the information above you find?

B) Choose a checking/savings account you are using now. The account needs to earn interest. If not, you can look at an account your friends or family members hold. Search online for the APR or APY of the account you choose. Write down the information of the account its issuer, name and APR or APY

C) Suppose there is a balance of $8,000 on the account. How long does it take for this balance to become $10,000, based on the information above you find?

PLEASE SHOW WHAT TO ENTER INTO EXCEL, THANK YOU!