Question 3 (4 points) You currently owe $8,000 on your credit card. How many months...

60.1K

Verified Solution

Question

Finance

image
Question 3 (4 points) You currently owe $8,000 on your credit card. How many months will it will take for you to payoff your credit card if you make the minimum $205 per month payment? The card has an APR of 30%. A/

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students