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12. [0/1 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $3400 on your Discover credit

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12. [0/1 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $3400 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 2.5% of the balance. On what balance do you begin making payments of $80 or less? $3400010.0 eBook 6. (0/1 Points) DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $4500 on your Discover credit card and that you make no more charges. Assume that Discover charges 24% APR and that each month you make only the minimum payment of 3.5% of the balance. Find a formula for the balance after a monthly payments. 1,125 - (3-1.028 + 7) *

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