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Simon recently recelved a credit card with a 15% nominal interest rate. With the card,...

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Accounting

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Simon recently recelved a credit card with a 15% nominal interest rate. With the card, he purchased an Apple iPhone 11 for $750. The minimum payment on the card is only $10 per month 3. If Simon makes the minimum monthly payment and makes no other charges, how many months will it be before he pays off the card? Do not round intermediate calculations, Round your answer to the nearest whole number. months) 17 Simon makes monthly payments of 535, how many month will it be before he pays of the debt? Do not found intermediate calculations. Round your answer to the nearest whole number months) c. How much more in total payments will simon make under the $16-6-month plan than under the 135-a-month plan? Do not round Intermediate calculations. Round your answer to the nearest cent 5

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