FILL IN ALL PLEASE

Situation You just used your credit card for the first time to buy yourself a brand new, 80 inch flat screen TV to watch the Super Bowl on that cost $1,350. Your card has an APR of 18%. After looking at your budget, you figured out that you can afford to pay $250 a month. Fill out the payment schedule below to answer the following 3 questions: 1. How long will it take to pay off this credit card purchase? Answer: 2. How much interest did you pay IN TOTAL? Answer: 3. How much did you pay back IN TOTAL? Answer: APR = 18 % Interest rate per month = 1.5 %, which in decimal form is 0.015 After Month... You Owe... You also owe 1.5% interest So your total amount owed is... And then you pay... So you now owe... per month 1 2 3 4 5 6 TOTAL