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Question 6 17 You have just returned from a wonderful sales convention in Hawaii. Durin your travels, you ran up $10,000 bill on your corporate
Question 6 17 You have just returned from a wonderful sales convention in Hawaii. Durin your travels, you ran up $10,000 bill on your corporate credit card, which has an annual interest rate of 12% (1% monthly). If you make no further charges on your corporate credit card and make the monthly minimum payment of $200, how long will it take for you to pay off the credit card balance? 0 51 months O 50 months O 100 months O 70 months O 124 months
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