please show your work invluding formulas. no excel, im trying to learn how to do these not just get the answers.

Real-world examples please show your work (N, I/Y, PV, PMT FV)! 4. Suppose Jim spontaneously decides to treat all his friends to burgers and fries. He has already spent his excess cash from his paycheck, so he decides to put it on his credit card and pay for it later. The total cost for the meal for his group of friends including the tip is $135.47. His credit card has an interest rate of 24.99%. If he makes payments of $25 per month, how long would it take him to pay for that spontaneous purchase? How much would Jim end up spending on this purchase? How much interest did he pay? a. b.Now let's say Jim treats his friends a few times during the month and accumulates a debt of $746.53 on his credit card. His credit card and has an interest rate of 24.99%. If he makes payments of $25 per month how long would it take him to pay for this generosity which his friends appreciate but he can't currently afford? How much would Jim end up spending on this purchase? How much interest did he pay