You have a balance of $5,000 on your credit card, which charges an interest rate of 1.5% per month. Looking at your budget, you figure you can make the following payments. Will they be enough to pay off your credit card? Month Payment 1 2 3 4 5 6 7 8 $405 $445 $485 $525 $565 $605 $645 $685 (Select from the drop-down menus.) The present value of your payments is the amount of the loan, so you be able to pay off the loan