Question
Suppose you have accumulated $21,000 in credit card debt. If the interest rate on the credit card is 24.7% APR compounded monthly, how many years
Suppose you have accumulated $21,000 in credit card debt. If the interest rate on the credit card is 24.7% APR compounded monthly, how many years will it take you to pay off this debt if you pay $500 per month? (Answer to the nearest tenth of a year)
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Research Methods Statistics and Applications
Authors: Kathrynn A. Adams, Eva Marie K. Lawrence
1st edition
1452220182, 978-1452220185
