Sami charged $22,000 on his credit card which had interest rate of 29.99% interest. Sami's payment will pay off the card in 12 years. After 6 years of payments, Sami gets a raise and decides to pay off the credit card debt. a. How much is Sami's payment? b. What is Sami's payoff amount? c. What is the total amount Sami paid for his $22,000 credit card charge? d. How much interest did he pay

Answer rating: 100% (QA)

To calculate the payment amount payoff amount total amount paid and interest paid by Sami we need to ... View the full answer