Question
You decide to quit using your credit card and want to pay off the balance of $13,800 in 3 years. Your interest rate is 16.2%
You decide to quit using your credit card and want to pay off the balance of $13,800 in 3 years. Your interest rate is 16.2% compounded monthly.
What will your monthly payments be?
$______________
How much interest do you pay?
$_____________
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
