Question: 12. [0/1 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $6000 on your Discover credit

12. [0/1 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $6000 on your Discover credit card and that you make no more charges. Assume that Discover charges 27% APR and that each month you make only the minimum payment of 2% of the balance. What will the balance be after 10 years? (Round your answer to the nearest cent.) $ 78715 eBook

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