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You have credit card debt of $5,000 at 15% APR compounded monthly. If you charge no more purchases to the card and make monthly
You have credit card debt of $5,000 at 15% 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?
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
