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Can anyone help me solve this problem? Phoebe realizes that she has charged too much on her credit card and has racked up $5,800 in
Can anyone help me solve this problem? 
Phoebe realizes that she has charged too much on her credit card and has racked up $5,800 in debt if she can pay $250 each month and the card charges 12 percent APR (compounded monthly), how long will it take her to pay off the debt? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Step by Step Solution
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
