You have $15,000 in credit card debt, and your APR is 14%. How much will you need

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You have $15,000 in credit card debt, and your APR is 14%. How much will you need to pay each month if you want to pay off the debt in three years (rounded to the nearest dollar)?

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Optimization Models

ISBN: 9781107050877

1st Edition

Authors: Giuseppe C. Calafiore, Laurent El Ghaoui

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Posted Date: Mar 15, 2024 11:26 AM

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You have $15,000 in credit card debt, and your APR is 14%. How much will you need

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To calculate the monthly payment needed to pay off the deb... View the full answer

Optimization Models

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