Question
Use time value of money (your financial calculator or Excel as you did in Module/Week 2) to answer the following question: I have $3,000 in
Use time value of money (your financial calculator or Excel as you did in Module/Week 2) to answer the following question:
I have $3,000 in credit card debt. If I can pay $150.00 a month, how long will it take to pay it off? My current interest rate is 18%. Remember to include your inputs and round 2 decimal points like we did in module 2.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
