Question: please who work and dont put it in excel format 7. Frankie took a trip to Mexico over Christmas break and rang up a $1000

please who work and dont put it in excel format
please who work and dont put it in excel format 7. Frankie

7. Frankie took a trip to Mexico over Christmas break and rang up a $1000 credit bill. The minimum payment on the bill is $22 at 22% APR Identify how long it will take to pay off the $1000 if he only makes the monthly payment

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!