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You have credit card debt of $2,000 at 24% APR compounded monthly. If you charge no more purchases to the card and make monthly payments
You have credit card debt of $2,000 at 24% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $375, how many months will it take you to payoff your debt? Your Answer: Answer Question 9 (0.5 points) You have $40,000 in your account that you want to grow to triple that amount in 30 years. What annual rate of return is necessary to reach your goal? (Note: Enter your answer is a decimal, not a percentage. For example, enter .0452 instead of 4.52% ) Your
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