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You decide to use your department store charge card .. a lot! After seven weeks you have racked up $1,700 of debt. Your minimum monthly
You decide to use your department store charge card .. a lot! After seven weeks you have racked up $1,700 of debt. Your minimum monthly payment is $63, and is paid at the end of each month. If the APR is 12.80%, how long will it take you to pay the loan off? (Assume that you make the minimum payment until the debt is entirely paid off.) Group of answer choices 27 months 32 months 41 months no solution, you will never pay off the debt
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