Question
Suppose your credit card balance is $16,000. The minimum payment is $352, and the annual percentage rate is 18.6%. If you make a constant monthly
Suppose your credit card balance is $16,000. The minimum payment is $352, and the annual percentage rate is 18.6%. If you make a constant monthly payment of $352, how long will it take you to pay off the credit card balance?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
