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You have a balance of 2000.00 Dollars on your credit card. Compute how long it will take to pay off the credit card balance if
You have a balance of 2000.00 Dollars on your credit card. Compute how long it will take to pay off the credit card balance if you pay 200.00 Dollars each month. The APR on the credit cards is 10.9%. Compute the total amount of interest you pay when you pay off the credit card balance. You need to do this on Excel using built in Financial Functions in Excel.
Can you please use excel when doing this? Thanks!
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