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Tammy realizes that she has charged too much on her credit card and has racked up $30,000 in debt. If Tammy can pay $600 each

  1. Tammy realizes that she has charged too much on her credit card and has racked up $30,000 in debt. If Tammy can pay $600 each month and the card charges 23 percent APR (compounded monthly), how long will it take her to pay off the debt? 2. Given the same information in question #1, how much interest will Tammy pay if she chooses to continue in making monthly payments of $600?

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