HA n Use PMT= to detem in the magular payment amount, munded to the neamstolar. [ {1+5)

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HA n Use PMT= to detem in the magular payment amount, munded to the neamstolar. [ {1+5) 14) 14) Suppose your credtcard has a balance of $3200 and an annualntemestrate of17% .You decide to pay off the balance over three years. If there are no further purchases changed to the card, (a) How much must you pay each month? 0) How much totalnterestwill you pay? Now suppose you nstead geta bank ban at125 th a tom of four yeam. (c) How much will you pay each month? How does this compare with your creditcard payment? A) How much totalntomstw ill you pay? How does this com pam with your credit card nterest

Posted Date: Jul 11, 2024 06:23 PM

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HA n Use PMT= to detem in the magular payment amount, munded to the neamstolar. [ {1+5)

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