You are delinquent on one of your credit cards. You have agreed with the bank to make payments of $1,000 per month starting the end of this month. The interest rate on the balance is 2% per month. If you owe $52,388, how long will it take for the account to be paid off? 81.27 months It will never be paid off. 121.2 months 78.93 months 62.42 months