Answered step by step
Verified Expert Solution
Question
1 Approved Answer
im aloud to ask for help on this portion but I dont understand how im suppose to answer these 9. [-/1 Points) DETAILS CRAUDOL3 4.4.019A.
im aloud to ask for help on this portion but I dont understand how im suppose to answer these
9. [-/1 Points) DETAILS CRAUDOL3 4.4.019A. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $3500 on your Discover credit card and that you make no more charges. Assume that Discover charges 24% APR and that each month you make only the minimum payment of 2.5% of the balance Find a formula for the balance after monthly payments. eBook 10. (-/1 Points] DETAILS CRAUDQL3 4.4.019B, MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $6000 on your Discover credit card and that you make no more charges. Assume that Discover charges 27% APR and that each month you make only the minimum payment of 2% of the balance What will the balance be aller 26 months? (Round your answer to the nearest cent.) $ eBook 11. [-/1 Points) DETAILS CRAUDOL3 4.4.019C. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $5500 on your Discover credit card and that you make no more charges. Assume that Discover charges 27% APR and that each month you make only the minimum payment of 2% of the balance What will the balance be after 6 years? (Round your answer to the nearest cent.) # eBook Irteur noun DAV MOTE OCK YOUStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started