Question: 6. [-13 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 30%. The card res a
6. [-13 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have a credit card with an APR of 30%. The card res a minimum monthly payment of of the balance. You have a balance of $7000. You stop charging and make only the minimum monthly payment. What is the balance on the card after five years? (Hound your answer to the nearest cont.) $ Show My Work 7. [-/3 Points) DETAILS MY NOTES PRACTICE ANOTHER ASK YOUR TEACHER You have a credit card with an AR of the card requires a minimum monte part of of the balance. You have a balance of You stop charging and make only the minimum monily payment. What is the balance on the card after ty month (Hound your answer to the cent) Show My Work
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