Assume that Sean and Catherine only pay the minimum payment on Credit Card #1 (balance $3,000)....
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Assume that Sean and Catherine only pay the minimum payment on Credit Card #1 (balance $3,000). The minimum balance is 3% of the total balance. What is their minimum. monthly payment? $90 Question 8 1 pts Using the BankRate calculator and the minimum payment you calculated above, if Sean and Catherine only pay the minimum payment, how many months would it take them to pay off their credit card loan based on a 17.5% APR? Question 9 1 pts Assume that Sean and Catherine only pay the minimum payment on Credit Card #2 (balance $6,500). The minimum balance is 3% of the total balance. What is their minimum monthly payment? Assume that Sean and Catherine only pay the minimum payment on Credit Card #1 (balance $3,000). The minimum balance is 3% of the total balance. What is their minimum. monthly payment? $90 Question 8 1 pts Using the BankRate calculator and the minimum payment you calculated above, if Sean and Catherine only pay the minimum payment, how many months would it take them to pay off their credit card loan based on a 17.5% APR? Question 9 1 pts Assume that Sean and Catherine only pay the minimum payment on Credit Card #2 (balance $6,500). The minimum balance is 3% of the total balance. What is their minimum monthly payment?
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7 If the balance on Credit Card 1 is 3000 and the minimum payment is 3 of the total balance then the ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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