You have credit card debt of $5,000 at 18% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $375, how many months will it take you to payoff your debt? Your Answer: Answer Question 22 (0.5 points) Your mother just inherited $500,000. If she invests the money in a well-diversified, low-cost mutual fund returning 9% per year, how many years will it take her investment to become worth $1,000,000 ? Your Answer: Calculate the future value of $43,000 earning 3% for 9 years. Your Answer: Answer Question 24 (0.5 points) To pay for your education, you've taken out $19,000 in student loans. If you make monthly payments over 10 years at 3% APR interest compounded monthly, how much are your monthly student loan payments? Your Answer: Answer You want to borrow $25,000 to buy a new car. Your annual interest rate is 6.4% over 6 years with monthly payments. Calculate your monthly payment. Your