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1. You have $12.000 in credit card debt and have finally decided to start to really pay it off. You determine that you'll be able

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1. You have $12.000 in credit card debt and have finally decided to start to really pay it off. You determine that you'll be able to make the following monthly payments. The APR on your credit card is 224. Your first payment is today. How much will you owe after your last payment? Month Payment 2000 1 2 2000 3 1500 4 1500 5 1500 6 7 1000 1000 500 500 8 9 500 10 $785.60 5842.19 51044,68

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