1My credit card bill came in today.I currently have a balance of $853.00, but I am going...
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1My credit card bill came in today.I currently have a balance of $853.00, but I am going to stop using the card.If my APR on the card is 14% (the monthly interest rate charged on any unpaid balance is simply 14%/12), and I decide to pay off the full balance in exactly six months, how large do each of my monthly payments have to be?
Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date: