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You have a creot card weth an ApR of 36%, The card requires a minimum monthly payment of 5% of the baiance. You have a
You have a creot card weth an ApR of 36\%, The card requires a minimum monthly payment of 5% of the baiance. You have a balance of $8000, You stop charging and moke only the iminimum monthly pament, What is the balance on the card ater vight years? (Round your answer to the nearest cent.) manthiy payment, What is the balance on the card after fiffyeight months? (Round your answer to the nearest cent.) 5 Assurre that you have a basance of 51000 on your MasterCard and that you make no more charges. Assume thet Mastercard charges 1245 Aph and that each month you make only the minimym payment of 5% of the balance. Find a formula for the bolance 8 after t monthly payments, (Enter numerical values to four decimal plackes, ) procuct within the sougre brodeer aheuld be entered at a sisgit number that is nonded to four decimal places You have a creot card weth an ApR of 36\%, The card requires a minimum monthly payment of 5% of the baiance. You have a balance of $8000, You stop charging and moke only the iminimum monthly pament, What is the balance on the card ater vight years? (Round your answer to the nearest cent.) manthiy payment, What is the balance on the card after fiffyeight months? (Round your answer to the nearest cent.) 5 Assurre that you have a basance of 51000 on your MasterCard and that you make no more charges. Assume thet Mastercard charges 1245 Aph and that each month you make only the minimym payment of 5% of the balance. Find a formula for the bolance 8 after t monthly payments, (Enter numerical values to four decimal plackes, ) procuct within the sougre brodeer aheuld be entered at a sisgit number that is nonded to four decimal places
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