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Friend 1 -Owes $800 -Annual interest is 12% -Pays $60 a month Friend 2 Owes $1200 -Annual interest of 8% Pays $100 a month lriond
Friend 1 -Owes $800 -Annual interest is 12% -Pays $60 a month Friend 2 Owes $1200 -Annual interest of 8% Pays $100 a month lriond 3 -Owes $1100 -Annual interest is 10% -Pays $40 a month To complete this quest, answer the following questions How many years will it take each friend to pay off their credit card debt? (Assuming they are not using their cards at all until their debt is payed off). Be sure to write your answers with at least one decimal place for ease of grading
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