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
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> 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
Log On
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):
