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AGummiBear55
Group Title
Please Please PLEASE help? Jesse owes $8,473 on a credit card with a 21.5% interest rate. What is the monthly payment he should make to pay off this debt in 12 months, assuming he does not charge any more purchases with the card?
$790.99
$706.08
$164.57
$2,016.54
 one year ago
 one year ago
AGummiBear55 Group Title
Please Please PLEASE help? Jesse owes $8,473 on a credit card with a 21.5% interest rate. What is the monthly payment he should make to pay off this debt in 12 months, assuming he does not charge any more purchases with the card? $790.99 $706.08 $164.57 $2,016.54
 one year ago
 one year ago

This Question is Closed

Heni Group TitleBest ResponseYou've already chosen the best response.1
I think £857.89 a month
 one year ago

Heni Group TitleBest ResponseYou've already chosen the best response.1
the 21.5 interest is 1,821.695 then I add it to the original amount ( 8473+1,821.695=10294.695) then i divide 10294.695 by 12 which is 857.89125
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
It can't be because my only choices are $790.99 $706.08 $164.57 $2,016.54
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
I'm so confused.
 one year ago

Heni Group TitleBest ResponseYou've already chosen the best response.1
i'm confused too now :D
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
Great! Well at least were confused together. (:
 one year ago

Heni Group TitleBest ResponseYou've already chosen the best response.1
:D then maybe it's 790.99
 one year ago

Heni Group TitleBest ResponseYou've already chosen the best response.1
but i'm still not sure :D
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
How so?
 one year ago

Heni Group TitleBest ResponseYou've already chosen the best response.1
i was thinking what if that 21.5% not included in the 12 months payment?
 one year ago

Heni Group TitleBest ResponseYou've already chosen the best response.1
i'm just guessing :D
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
Yeah... I think that's it!!! :D Thanks!!
 one year ago
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