Question
You charge a new cell phone on your credit card for $700. Your credit card has a 23.0% APR and you make the minimum payment
You charge a new cell phone on your credit card for $700. Your credit card has a 23.0% APR and you make the minimum payment of $ 58 per month.
How many months will it take you to pay off the phone?
How much total interest will you pay?
Round your final answers to two decimal places (e.g. 14.28)
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Quality Control Procedure For Statutory Financial Audit An Empirical Study
Authors: Siddhartha Sankar Saha, Mitrendu Narayan Roy
1st Edition
1787142272, 9781787142275
