Question
You have two credit cards. Card Name (APR %) Existing Balance Credit Limit Murk (5.6%) $675.49 $1,500.00 Mini (9.85%) $902.43 $1,000.00 What is your debt
You have two credit cards.
| Card Name (APR %) | Existing Balance | Credit Limit |
|---|---|---|
| Murk (5.6%) | $675.49 | $1,500.00 |
| Mini (9.85%) | $902.43 | $1,000.00 |
What is your debt ratio?
If you budget $375 to payoff your credit card debt and you payoff the highest interest card first while maintaining the interest accrued on the other card, how many months does it take you to pay it off and how much is the payment each time excluding the last payment? Be sure to include the following in your response: the answer to the original question the mathematical steps for solving the problem demonstrating mathematical reasoning
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The Complete Guide To Real Estate Finance For Investment Properties
Authors: Steve Berges
1st Edition
0471647128, 978-0471647126
