Question: Can you help me with this? Use Sydney's Minimum Payment Summary to answer the statements that follow. Sydney's Minimum Payment Summary Month Card A(18% Card

Can you help me with this?

Can you help me with this? Use Sydney's Minimum Payment Summary to

Use Sydney's Minimum Payment Summary to answer the statements that follow. Sydney's Minimum Payment Summary Month Card A(18% Card B(20% Card C(24% Total Monthly APR) APR) APR) Payment Sydney has been paying the minimum balance on her three credit cards each month. She has outlined the minimum payments for the next four months. She decides to snowball her debt after Month 1 according to the interest rate instead of paying the minimum payment. Part1 (2 points): Explain, using complete sentences, how the total monthly payment will change for each month. Part 2 (2 points): Explain, using complete sentences, how the payments for each credit card will change for each month. Pregunta 3 (2 puntos) Johann owes $9,889 on a credit card with a 23.5% interest rate. What is the monthly payment he should make to pay off this debt in 12 months, assuming he does not charge any more purchases with the card? (2 points) i_ , a $824.08 t._; b $932.71 l c $206.30 L/ d $2,524.44

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