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You have an outstanding credit card balance of $4,000. You decide to stop making new charges and pay $350 each month until the balance is paid. If your annual interest rate is 18%, how many months will it take you to pay off your balance? You have an outstanding credit card balance of $4,000. You decide to stop making new charges and pay $350 each month until the balance is paid. If your annual interest rate is 18%, how many months will it take you to pay off your balance?
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Related Book For
Discrete and Combinatorial Mathematics An Applied Introduction
ISBN: 978-0201726343
5th edition
Authors: Ralph P. Grimaldi
Posted Date:
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