You have $4 000 on a credit card that charges a 18% interest rate.If you want to pay off the credit card in 3 years how much will you need to pay each month (assuming you don't charge anything new to the card)?

You have $4 000 on a credit card that charges a 18% interest rate.If you want to pay off the credit card in 3 years how much will you need to pay each month (assuming you don't charge anything new to the card)?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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