Question: Please solve in simplest way and show work/ formulas [ multi part question] show excel method to solve if necessary. Curtis has charged $6,500 on
Please solve in simplest way and show work/ formulas [ multi part question] show excel method to solve if necessary.
Curtis has charged $6,500 on his credit card, which has an interest rate of 19%, compounded monthly.Curtis wants to pay his credit card balance off in two years. How much will each monthly payment need to be for Curtis to do this? Solution: $327.65
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