Question
You have $2,500 on a credit card that charges a 18% interest rate. If you want to pay off the credit card in 4 years,
You have $2,500 on a credit card that charges a 18% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
