Today, you borrowed $5,400 on a credit card that charges an interest rate of 14.2...
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Today, you borrowed $ on a credit card that charges an interest rate of percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $ Do not round intermediate calculations and round your answer to decimal places, eg Note: It is highly recommended to use Excel or Google Sheets or a financial calculator to solve this problem.
Today, you borrowed $ on a credit card that charges an interest rate of percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $
Do not round intermediate calculations and round your answer to decimal places, eg
Note: It is highly recommended to use Excel or Google Sheets or a financial calculator to solve this problem.
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