Only numbers 27,29 and 31

Sam has an outstanding balance of $7, 050 on his credit card. Due to financial constraints, plan to make the $125 minimum monthly payment. His annual interest rate is 13.5% How long will it him to payoff the credit card? What will be his balance after making 4.5 years of monthly payments? Sam has an outstanding balance of $2, 050 on his credit card. Due to financial constraints, plans to make the $25 minimum monthly payment. His annual interest rate is 10.5%. How long will it him to payoff the credit card? What will be his balance after making 4.5 years of monthly payments? A consol is a financial security that pays in perpetuity. How much would you be willing to pay a consol that pays $50 monthly, if the monthly interest rate is 1%? How much would you be willing to pay for a consol that pays $230 monthly, if the month interest rate is 2%? What is the annual rate of return on a perpetuity that costs $500,000 and pays $1,000 monthly What is the annual rate of return on a perpetuity that costs $500,000 and pays $2,000 monthly