Q3: You treated all your friends to dinner. You already spent your excess cash from your paycheck, so you decide to put it on a credit card and pay for it later. How long will it take to pay for this purchase? Total Dinner Cost = $165.25; Credit Card Interest = 18.50%; Minimum Payment $25 Compounding Periods PV RATE NPER PMT FV Type What is the Total Cost? How much interest will be paid if only the minimum paymens are made? Inputs 0

Q3: You treated all your friends to dinner. You already spent your excess cash from your paycheck, so you decide to put it on a credit card and pay for it later. How long will it take to pay for this purchase? Total Dinner Cost =$165.25; Credit Card Interest =18.50%; Minimum Payment = $25 \begin{tabular}{|r|r|} \hline Compounding & \\ \hline Periods & \\ \hline RATE & \\ \hline NPER & \\ \hline PMT & \\ \hline FV & \\ \hline Type & 0 \\ \hline What is the Total Cost? & \\ \hline min much interest will be paid if only the & \\ \hline mim paymens are made? & \\ \hline \end{tabular}