SOLUTION: your credit card has a balance of $3600 and an annual interest rate of 16.5%. you decide to pay off the balance over two years. if there are no further purchases charged to the car
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Question 664291: your credit card has a balance of $3600 and an annual interest rate of 16.5%. you decide to pay off the balance over two years. if there are no further purchases charged to the card.
a) how much must you pay each month?
B) how much total interest will you pay?
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
mthly=$177.13,interest=$651.00
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