Question
You have $3,000 on a credit card that charges a 19% interest rate. If you want to pay off the credit card in 4 years,
You have $3,000 on a credit card that charges a 19% 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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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
