Question
Sofia just used her personal line of credit to finance the purchase of some new furniture costing $11,450. How long will it take to pay
Sofia just used her personal line of credit to finance the purchase of some new furniture costing $11,450.
How long will it take to pay off her debt if her line of credit charges j=7.2% and she makes monthly payments of $400 at the end of each month?
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
012812282X, 978-0128122822
