Nida recently received a credit card with a 16% nominal interest rate. With the card, she purchased a new stereo for $300. The minimum payment on the card is only $10 per month. (10 marks) a) If Nida makes the minimum monthly payment and makes no other charges, how many months will it be before she pays off the card? Round to the nearest month. b) If Nida makes monthly payments of $30, how many months will it be before she pays off the debt? Round to the nearest month. c) How much more in total payments will Nida make under the $10-a-month plan than under the $30-a-month plan