Question
A credit card charges an annual rate of 14% compounded monthly. This months bill is $6,000. The minimum payment is $125. Suppose I keep paying
A credit card charges an annual rate of 14% compounded monthly. This months bill is $6,000. The minimum payment is $125. Suppose I keep paying $125 each month. How long will it take to pay off the bill? What is the total interest paid during the period?
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
