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5. Suppose your credit card charges a 3% minimum payment. Use the Credit Card Mit Calculator to determine how long it would take to pay
5. Suppose your credit card charges a 3% minimum payment. Use the "Credit Card Mit Calculator to determine how long it would take to pay the balance off if you only mak payment each month. 6. If you make only the minimum payment each month, what will your total payment finally paid off the card? 7. How much additional money (interest) will you have paid when you pay off the card minimum balance each month? (Show your work) Many credit card companies offer special terms for students who are establishing their
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