Card Name (APR %) Existing Balance Credit Limit Mark2 (6.55%) $525.00 $3,500.00 Bee4 (10.25%) $1,478.48 $2,750.00 You have $450.00 each month to pay off these two credit cards. You decide to pay only the interest on the lower-interest card and the remaining amount to the higher interest card. Complete the following two tables to help you answer questions 1-3. Higher-Interest Card (Payoff Option) Month 1 2 3 4 5 6 7 8 9 10 Principal Interest accrued Payment (on due date) End-of-month balance Lower-Interest Card Month |2|3|4|5|678910 Principal Interest accrued Payment (on due date) End-of-month balance 1 1) How long does it take to pay off the higher-interest card? 2) What is the amount of the last payment on the higher-interest card? Why? 3) At the end of the month that you pay off the higher-interest card, after you have started to pay down your debt on the lower- interest card, what is the balance of the lower-interest card? Why? WILL MARK BRAINLIEST