Question
Jenny has a credit card with a balance of $2700. She will make regular payments of $75 per month and interest is charged at a
Jenny has a credit card with a balance of $2700. She will make regular payments of $75 per month and interest is charged at a rate of 12.99% compounded monthly. How long will it take her to pay off the balance? Round up to the nearest month.
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
