Question
Jake owes $2,600 on his credit card. He is not charging any additional purchases because he wants to get this debt paid in full. The
Jake owes $2,600 on his credit card. He is not charging any additional purchases because he wants to get this debt paid in full. The card has an annual rate of 14.4%. What if he makes monthly payments of $45? How many months will it take to pay off the credit card debt?
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Secured Finance Transactions
Authors: Dominic RM Griffiths
2nd Edition
1787425142, 978-1787425149
