You have a credit card that has a balance of $10,700 at an APR of 14.49% .

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You have a credit card that has a balance of $10,700 at an APR of 14.49% . You plan to pay $400 each month in an effort to clear the debt quickly. How many months will it take you to pay off the balance?

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Personal Finance Turning Money into Wealth

ISBN: 978-0133856439

7th edition

Authors: Arthur J. Keown

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Posted Date: Jun 21, 2023 08:15 AM

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You have a credit card that has a balance of $10,700 at an APR of 14.49% .

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To determine how many months it will take to pay off the credit card balance we need to consider the ... View the full answer

Personal Finance Turning Money into Wealth

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