How to solve

Question $2$

$0/2$ pts

$3$

$19$

Details

You decide to quit using your credit card and want to pay off the balance of $$10,300$ in $2$ years. Your interest rate is $20\mathrm{.}95\%$ compounded monthly.

What will your monthly payments be$?$

How much interest do you pay?

$

Question $2$

$0/2$ pts

$3$

$19$

Details

You decide to quit using your credit card and want to pay off the balance of $$10,300$ in $2$ years. Your interest rate is $20\mathrm{.}95\%$ compounded monthly.

What will your monthly payments be$?$

How much interest do you pay?

$