Question
You have a credit card balance of $2,200 and are able to make payments of $84 per month. Assume the credit card company charges
You have a credit card balance of $2,200 and are able to make payments of $84 per month. Assume the credit card company charges an annual interest rate of 17%. How many months will it take to pay off the balance. Assume no other purchases. Just write the two digit number....no label.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
