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Please answer part D Suppose you owe $600 on your credit card and you decide to make no new purchases and to make the minimum
Please answer part D
Suppose you owe $600 on your credit card and you decide to make no new purchases and to make the minimum monthly payment on the account. Assuming that the interest rate on your card is 2% per month on th unpaid balance and that the minimum payment is 3% of the total balance plus interest), your balance after t months is given by B(t) 60(9894). Find your balance at each of the given times in parts (a) through (d) below After six months, the balance is $ 562.84 (Round to the nearest cent as needed.) (b) one year (remember that t is in months) After one year, the balance is $ 527.98 (Round to the nearest cent as needed.) (c) four years After four years, the, balance is $ 359.75. (Round to the nearest cent as needed.) (d) six years After six years, the balance is S (Round to the nearest cent as needed Enter your answer in the answer box and then click Check Step by Step Solution
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