SOLUTION: You have $2,500 on a credit card that charges a 22% interest rate. If you want to pay off the credit card in 5 years, how much will you need to pay each month (assuming you don't c
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Question 1174306: You have $2,500 on a credit card that charges a 22% interest rate. If you want to pay off the credit card in 5 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? Found 2 solutions by ikleyn, MathTherapy:Answer by ikleyn(52814) (Show Source):
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You have $2,500 on a credit card that charges a 22% interest rate. If you want to pay off the credit card in 5 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?
