Hannah has a $1,600 balance on Credit Card #2. She wants to pay off her balance on this card within 12 months. If she keeps paying $114 each month, how long will she need to pay her balance?
[] 10 months
[] 11 months
[] 14 months
[] 18 months
11 months
Calculation:
$1600 balance / $114 per month = 14.03 months
Since Hannah can't pay a fraction of a month, it will take her 11 months to pay off her balance on Credit Card #2.