Mathematics, 04.04.2021 08:40 iluminatioffial9699

You have $2,000 on a credit card that charges a 17% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? Disclaimer: this is treating credit cards as an amortized loan, which they are not.

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You have $2,000 on a credit card that charges a 17% interest rate. If you want to pay off the credit...

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