You have $ 5 , 0 0 0 on a credit card that charges a 1 2

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Question:

You have $

5, 000

on a credit card that charges a

12 %

interest rate. If you want to pay off the credit card in

3

years, how much will you need to pay each month

(

assuming you don't charge anything new to the card

) ?

each month

Posted Date: May 19, 2024 12:11 AM

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You have $ 5 , 0 0 0 on a credit card that charges a 1 2

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