Zea has a credit limit of $2,000 on her credit card. Each month, she charges about $200
Question:
Zea has a credit limit of $2,000 on her credit card. Each month, she charges about $200 and makes a payment of $125.
a. Estimate the number of months that Zea can continue this pattern until she reaches her credit limit.
b. Consider that part of the $125 Zea pays each month will be for finance charges. How will the number of months from part a be affected by these charges?
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Credit limit 2000 Charges 125 month Payment 125 month Step ...View the full answer
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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