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Assume you have $4500 in credit card debt. Annual interest rate = 13.5% How much will your monthly payments be if you payback this debt

Assume you have $4500 in credit card debt.
Annual interest rate = 13.5%
How much will your monthly payments be if you payback this debt over 12, 24, 36, & 48 months?
What is the total amount repaid under each scenario?
What is the total interest paid under each scenario? image text in transcribed
Assume you have $4,500 in credit card debt Annual interest rate-13.5% How much will your monthly payments be if you payback this debt over 12, 24, 36 and 48 months? . What is the total amount repaid under each scenario? What is the total interest paid under each scenario

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