If you have a credit card with a balance of 754.43 at a 13.6 APR. If you have 300.00 available each month to save or pay down your debts. a. How many months will it take to pay off the credit card if?

If you have a credit card with a balance of 754.43 at a 13.6 APR. If you have 300.00 available each month to save or pay down your debts. a. How many months will it take to pay off the credit card if?
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1 Answer

Answer :

It will be paid off after 4 months of payments. In total you will pay $1,056.53, which is $302.10 in interest. Remember kids, use your credit wisely.
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