Joel is considering putting a $1,000 laptop purchase on his credit card, which has an interest rate of 12% compounded monthly. How long will it take him to pay off the purchase if he
makes payments of $30 a month?

Joel is considering putting a $1,000 laptop purchase on his credit card, which has an interest

rate of 12% compounded monthly. How long will it take him to pay off the purchase if he

makes payments of $30 a month?

33.333

Step-by-step explanation: Divided 1000 by 30

example 2 – simplify: step 1: completely factor both the numerators and denominators of all fractions. step 2: change the division sign to a multiplication sign and flip (or reciprocate) the fraction after the division sign; essential you need to multiply by the reciprocal. step 3 : cancel or reduce the fractions.

i get you, what you should do is think of the positive things that would come out of it. it will make yours parents proud and raise your grade. you should always try and if you can't focus tell the teacher.