Question: [-/1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $2900 on your Discover credit card and that

[-/1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $2900 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 2.5% of the balance. On what balance do you begin making payments of S60 or less? $ eBook [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $4000 on your Discover credit card and that you make no more charges. Assume that Discover charges 21% APR and that each month you make only the minimum payment of 2% of the balance. Find how many months it will take to bring the remaining balance down to $2500. (Round your answer to the nearest whole number.) months eBook Submit Assian Save Assignment Progress [-/1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $2900 on your Discover credit card and that you make no more charges. Assume that Discover charges 30% APR and that each month you make only the minimum payment of 2.5% of the balance. On what balance do you begin making payments of S60 or less? $ eBook [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $4000 on your Discover credit card and that you make no more charges. Assume that Discover charges 21% APR and that each month you make only the minimum payment of 2% of the balance. Find how many months it will take to bring the remaining balance down to $2500. (Round your answer to the nearest whole number.) months eBook Submit Assian Save Assignment Progress
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