You have a credit card with a balance of $15,100 and an APR of 18.5 percent compounded monthly. You have been making monthly payments of $285 per month, but you have received a substantial raise and will increase your monthly payments to $360 per month. How many months quicker will you be able to pay off the account

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.