Thom owes $7,200 on his credit card. The credit card carries an APR of18.4 percent compounded monthly. If Thom makes monthly payments of $225 per

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Thom owes $7,200 on his credit card. The credit card carries an APR of18.4 percent compounded monthly. If Thommakes monthly payments of $225 per month, how long will it take for him to pay off the credit card assuming that hemakes no additional charges? Multiple Choice 0 41.38 months 47.75 months 44.34 months 32.00 months 0000 11.43 months