Question
Suppose your credit card balance is $15000. The minimum payment is $319, and the annual percentage rate is 18.4%. a.If you make a constant monthly
Suppose your credit card balance is $15000. The minimum payment is $319, and the annual percentage rate is 18.4%.
a.If you make a constant monthly payment of $, how long will it take you to pay off the credit card balance? b.How much interest will you pay if you elect to make the minimum payment?
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Money Banking And Financial Markets
Authors: Lloyd B. Thomas
1st International Edition
0070644365, 9780070644366
