The following data relates to the next two questions. If your answer for one question DEPENDS on an answer to a previous question, use the full decimal NOT the TRUNCATED answer. As an example, suppose your answer to question 1001 is 2.46932%, given as 2.5% on the answer choices, USE 2.46932% if needed in subsequent questions NOT 2.5%. Clarence owes $50K in credit card debt. The credit card has an APR of 18.0%. 22) If Clarence makes monthly payments of $1,000, how many months will it take to pay off the debt? a. 63 months b. 73 months C. 83 months d. 93 months e. 103 months 23) If Clarence makes monthly payments of $1,000, how much interest does he pay over the first year? a. $1,000 b. $3,260 c. $8,740 d. $12,000 e. $46,740