Mathematics, 23.02.2021 01:00 tshegofatso92
Suppose you have an outstanding balance of $400 on your credit card, which has a 15% APR. You have carefully considered your budget and decided that you can afford to pay $75 per month until the balance is paid in full. You have also decided that you will not make any additional purchases using the card until it has a $0 balance.
How many months will it take to pay off this credit card?
Shoe your work
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Suppose you have an outstanding balance of $400 on your credit card, which has a 15% APR. You have c...
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