3. Suppose you decide to take the tour now and use a 15% credit card for the purchase. Use the calculators at bankrate.com to answer the following questions. How many months will it take to pay off...

Uregentaly sir

Extracted text: 3. Suppose you decide to take the tour now and use a 15% credit card for the purchase. Use the calculators at bankrate.com to answer the following questions. How many months will it take to pay off the $6.000 for the tour if you make a fixed payment of 4% of the original balance? a. It will take b. months. How much will you pay in interest if you make a fixed payment? will be paid in interest on the loan. How many months will it take to pay off the S6,000 tour if you make the minimum payment, assuming the minimum is 4% of the outstanding balance? It will take How much will you pay in interest if you make only the minimum payment? $ с. months. d. will be paid in interest. 14 %24