Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

starrhunter

  • 2 years ago

Lindsey owes 5381 on a credit card with a 24.9% interest rate compounded monthly. What is the minimum mothly payment she should make in order to pay off this debt in 5 years assuming she does not charge anymore purchases with the card?

  • This Question is Closed

    Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy