Mathematics, 10.03.2021 02:10 tae1731

You have to credit cards Card Name (APR%) Existing Balance Credit Limit
Murk (5.6%) $675.49 $1,500.00
Mini (9.85%) $902.43 $1,000.00

What is your debt ratio? If you budget $375 to payoff your credit card debt and you payoff the highest interest card first while maintaining the interest accrued on the other card, how many months does it take you to pay it off and how much is the payment each time excluding the last payment?

PS please show step by step answer <3

Answers: 3

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You have to credit cards Card Name (APR%) Existing Balance Credit Limit
Murk (5.6%) $675.49 $...