SOLUTION: How long to pay a debt off of 8100.00 at 451.00 a month?
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Question 938542
:
How long to pay a debt off of 8100.00 at 451.00 a month?
Answer by
jim_thompson5910(35256)
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Assuming that debt doesn't grow due to interest or fees, you divide:
8100/451 = 17.960088691796
Round 17.960088691796 up to the nearest whole number to get 18.
It will take 18 months (ie 1 year, 6 months) to pay off all the debt.