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Is) Interest on Credit Cards. Elleen, who is currently paying $1,782 per year in finance charges to her credit card company, wants a car that

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Is) Interest on Credit Cards. Elleen, who is currently paying $1,782 per year in finance charges to her credit card company, wants a car that costs $15,000. How long Sc would it have taken Eileen to save for the outright purchase of the car if she did not have any credit card debt and used the interest payments to save for the purchase Pay of the car? Eileen can invest funds in an account paying 3% interest 10 To save for the outright purchase of the car, it would take Eleen years. (Use your financial calculator and round to two decimal places.)

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