Question
Please answer the following: Solutions must be shown on an Excel sheet using Excel functions such as =PV() and =FV(). and formulas. You charged $1,000
Please answer the following:
Solutions must be shown on an Excel sheet using Excel functions such as =PV() and =FV(). and formulas.
You charged $1,000 on your credit card for Christmas presents. Your credit card company charges you 20% annual interest, compounded daily. If you make the minimum payments of $30 per month, how long will it take (to the nearest month) to pay off your balance?
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Finance Introduction To Institutions Investments And Management
Authors: Ronald W. Melicher, Edgar A. Norton
11th Edition
0470004460, 978-0470004463
