Question
Consider a credit card with a balance of $6500 and an APR of 12.5%. If you want to make monthly payments in order to pay
Consider a credit card with a balance of $6500 and an APR of 12.5%. If you want to make monthly payments in order to pay off the balance in 2 years, what is the total amount you will pay? Round your answer to the nearest cent, if necessary.
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
