Question
If you are not sure please do not answer!!!! You have a $4,000 credit card debt, and you plan to pay it off through monthly
If you are not sure please do not answer!!!!
You have a $4,000 credit card debt, and you plan to pay it off through monthly payments of $100. If you are being charged 15% interest per year, how long (to the nearest 0.5 years) will it take you to repay your debt?
Find t=......years???? The answer is not 2.5 years, 5 years or 4 years
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
