Question 33295
Let number of months she will pay be "x"
Citi bank will get 0.03(80,000)+6.66(80)x.
TCF will get 6.32(80)x
Set these equal to one another and solve for "x":
2400+532.8x=505x
This gives a negative value for "x".
Are you sure you have the data correct?
Cheers,
Stan H.