Q5. Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost; you just received an offer in the mail to transfer your $10,900 balance from your current credit card, which charges an annual rate of 19.5 percent, to a new credit card charging a rate of 9.1 percent. Assume that there was a 2 percent fee charged on any balances transferred. How much faster could you pay the loan off by making your planned monthly payments of $245 with the new card