Question: Com .-/2 Points) DETAILS CRAUDQL3 4.4.024E. MY NOTES PRACTICE ANOTHER nos ILIES Assume that you have a balance of $1000 on your MasterCard and
Com .-/2 Points) DETAILS CRAUDQL3 4.4.024E. MY NOTES PRACTICE ANOTHER nos ILIES Assume that you have a balance of $1000 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 Submit Assignment Save Assignment Progress Home My Assignments Request Extension A E C
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