Question: 15. [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $2000 on your MasterCard and that you
15. [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $2000 on your MasterCard and that you make no more changes. Assume that MasterCard charges 12 APK and that each month you makowy w minimum payment of 5 of the balance Find how many months it will take to bring the remaining balance down to $200 (round your answer to the nearest whole number) months Beck 15. (-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Assume that you have a balance of $2000 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 5% of the balance. Find how many months it will take to bring the remaining balance down to $400. (Round your answer to the nearest whole number.) months eBook
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