Mathematics, 21.11.2019 03:31 skywil8981
Anew employee charged $3980 on his credit card to relocate for his first job. after noticing that the interest rate for his balance was 21% compounded monthly, he stopped charging on that account. his wishes to pay off his balance in 4 years using automatic payments at the end of each month.
a. what monthly payment must he make to pay off the account at the end of 4 years?
b. how much total interest will he have paid?
Answers: 1
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Anew employee charged $3980 on his credit card to relocate for his first job. after noticing that th...
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