Credit Card Debt. Assume you have a balance of $1200 on a 37 credit card with an APR of 18%, or 1.5% per month. You start to making monthly payments of $200, but at the same time you charge an additional $75 per month to the credit card. Assume that interest for a given month is based on the bal- ance for the previous month. The following table shows how you can calculate your monthly balance. Month Payment Expenses Interest New balance $1200 H O $200 $75 1.5% X $1200 $1200 - $200 = $18 + $75 + $18 = $1093 N $200 $75 W $200 $75 Complete and extend the table to show your balance at the end of each month until the debt is paid off. How long does it take to pay off the credit card debt