Mohammed got a $500 cash advance using his credit card, which charges 21.9%, compounded daily. He already had a balance of $761.73. a) Suppose that Mohammed wanted to pay off his credit card in 2...

1. Mohammed got a $500 cash advance using his credit card, which charges 21.9%, compounded daily. He already had a balance of $761.73.


2. a) Suppose that Mohammed wanted to pay off his credit card in 2 months.

He would need to pay _____ interest in total each month, and he would be paying _____Interet in total. b) Suppose that Mohammed wanted to pay $75 each month until he paid off

his credit card. This would take ____months, and he would be paying____ in interest.

I need the answers and some gudience. Thank you very much.