You have credit card debt of $1,000 at 22% APR compounded monthly. If you charge no more

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You have credit card debt of $1,000 at 22% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $450, how many months will it take you to payoff your debt? Your Answer: Answer

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A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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Posted Date: Mar 14, 2024 04:12 AM

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You have credit card debt of $1,000 at 22% APR compounded monthly. If you charge no more

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It will take 3 months to pay off your debt at 450 month... View the full answer

A Survey of Mathematics with Applications

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