Lukecrayonz
  • Lukecrayonz
Riley owes $4,752 on a credit card with a 28.1% interest rate compounded monthly. What monthly payment should she make to pay off this debt in four years, assuming she does not charge any more purchases with the card?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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Lukecrayonz
  • Lukecrayonz
$99.00 $165.89 $458.83 $1,335.32
Lukecrayonz
  • Lukecrayonz
It's $165.89, correct?
Lukecrayonz
  • Lukecrayonz
@Mertsj

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Lukecrayonz
  • Lukecrayonz
@satellite73
ganeshie8
  • ganeshie8
correct. http://www.wolframalpha.com/input/?i=4752%281%2B.281%2F12%29%5E48+-+x%281-%281+%2B+.281%2F12%29%5E48%29%2F%281-%281%2B.281%2F12%29%29+%3D+0
ganeshie8
  • ganeshie8
this is lil tough prob. did u use some formula or calculated the whole thing the hard way
Lukecrayonz
  • Lukecrayonz
The hard way @ganeshie8 can you help me with more problems if needed?:)
ganeshie8
  • ganeshie8
sure these are tough probs il be happy to help if i can :)

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