SOLUTION: Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due is $60. How much will you save in inte
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Question 640243: Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due is $60. How much will you save in interest charges in June by paying $120 instead?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
You asked an accounting question. This is an algebra website. Would you try to buy a bag of potatoes in a hardware store?
John
My calculator said it, I believe it, that settles it
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