Intro Jake owes $2,600 on his credit card. He is not charging any additional purchases because he wants to get this debt paid in full. The card has an annual rate of 16.8%. Part 1 Attempt 3/5 for 6 pts. How long does it take to pay off this balance if he only makes monthly minimum payments of $30? Can you find an answer? Why? about 10 years a long time about 20 years cannot find an answer Correct See explanation in part 2. Part 2 Attempt 1/10 for 10 pts. What if he makes monthly payments of $45? How many months will it take to pay off the credit card debt