Question: You owe $ 2 , 5 0 0 on a credit card that charges a 2 3 % interest rate. You want to pay off

You owe $2,500 on a credit card that charges a 23% interest rate. You want to pay off the credit card in 4
years.
How much will you need to pay each month (assuming you don't charge anything new to the card)?
Use the TVM Solver on the TI calculator. Round to the nearest cent (two decimal places).
$ each month
You owe $2,500 on a credit card that charges a 23%

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