Question: How do I do this problem 4:19 ! 0 5 14 X F2024 18 30%20Coursepack.F2024%20(3).pdf MiCOURT Home Primary Beneficiaries Aidvantage | Accour. jail roster.pdf

How do I do this problem

4:19 ! 0 5 14 X F2024 18 30%20Coursepack.F2024%20(3).pdf MiCOURT Home Primary Beneficiaries \\ Aidvantage | Accour. jail roster.pdf Cookies and Cream.. MiLogi 50 / 183 100% Va Note the following terms from a Citi credit card disclosure. Assume your creditworthiness qualifies you for a 21.99% APR. 2. Unfortunately, you decided to spend $1500 on your credit card and do not have the cash to pay it off. The minimum CITI DISCLOSURES Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 18.99% to 28.99%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate." payment is 1% of the balance plus interest (assume monthly interest rate of 1.8325%) a) Calculate your minimum payment. b) If you only make the minimum payment and make no more purchases. how long will it take you to pay off the balance? (Hint: write an exponential decay equation and use desmos to solve . graphically! hp O

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