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Ruchi received a credit card with 21% nominal interest rate. With the card she purchased a ticket to Petra for $3,500. Minimum payment on the

Ruchi received a credit card with 21% nominal interest rate. With the card she purchased a ticket to Petra for $3,500. Minimum payment on the card is $79 per month. If she makes the minimum monthly payment (and makes no other payments), how long (months) before she pays off the $3,500?

a.

97 months
b.

86 months
c.

79 months
d.

65 months

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