Question: SHOW WORK AND STEPS ON EXCEL SHOW WORK AND STEPS ON EXCEL SHOW WORK AND STEPS ON EXCEL SHOW WORK AND STEPS ON EXCEL Exercise

SHOW WORK AND STEPS ON EXCEL

Exercise 3.20. You have a credit card with an APR of 12%. You begin with a balance of $1,258.34. You make purchases totaling $123.52 the first month and $252.23 the fourth month; you make no other purchases until you pay off the card. If the minimum payment is 3.5% or $25, whichever is greater, how long will it take you to pay off the card

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