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a Suppose you have a balance of $8000 on your VISA card, which has an APR 21% and requires a minimum payment of 3%. You
a Suppose you have a balance of $8000 on your VISA card, which has an APR 21% and requires a minimum payment of 3%. You will stop charging and begin making only the minimum monthly payment complete the following sentences. Round your final answer to the nearest peniny and do not include the sin your answers 1. The balance on your account after 37 minimum monthly payments is 5 2. The balance on your account after 7 years of minimum monthly payments is s 3. It will take minimum monthly payments for the balance of the account to drop below 55600. Round your final answer to the nearest whole number
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