just answer part 3 pleaee

Intro As of today, Joe owns debt on two credit cards: Citi $1,900 and Amex $3,260. He is not charging additional purchases because he wants to get this debt all paid off. Both cards have an APR of 16.8%. First monthly payback will begin one month from now. Part 1 Attempt 1/2 for 10 pts. How long (# of months) does it take to pay off Cit? if he onlytmakes monthly minimum payments of $29? 179.2306761 Part 2 Attempt 2/2 for 5 pts. How long does it take to pay off Amex? if he only makes monthly minimum payments of $39? Let's approach this question differently by finding how much upfront Amex debt can be paid off if Joe keeps paying $39 month after month forever? (compare to ( (compare can be paid off if Joe keeps paying $39 month after month foreve the debt balance of $3,260, what do you see) 2785.714 Part 3 Attempt 1/2 for 10 pts. How long does it take to pay off Amex? If he only makes monthly minimum payments of $397 Let's approach this question differently again by amortization. If $39/month will eventually pay off the debt someday, then each $39 should partially pay the monthly interest and partially pay down the debt balance. What's the first monthly interest? (compare to the first monthly payment of $39, what do you see) 11+ decimals Submit