Question
Your sister accumulated credit card debt while in college. Her outstanding balance is $15,623. If the annual rate is 24.99% and she makes a payment
Your sister accumulated credit card debt while in college. Her outstanding balance is $15,623. If the annual rate is 24.99% and she makes a payment of $350 every month, how long will it take for her to pay off her balance? Round up to the nearest month.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
