Beginning Balances for Quentin's Four Credit Cards Card A Card C Card D Balance $4,134.00 $932.00 $1,269.00 APR (interest rate) 15% 11% 13% Minimum Payment calculation 2% of balance 4% of balance 3%...


Card A has the highest rate. Quentin again decides to pay $280 toward his total credit card debt. If he pays the minimum for Cards C, and D, how much will that leave for Card A?


Beginning Balances for Quentin's Four Credit Cards<br>Card A<br>Card C<br>Card D<br>Balance<br>$4,134.00<br>$932.00<br>$1,269.00<br>APR (interest rate)<br>15%<br>11%<br>13%<br>Minimum Payment calculation 2% of balance 4% of balance 3% of balance<br>(must be at least $15)<br>Minimum Payment this month<br>$82.68<br>$37.28<br>$38.07<br>Months required to payoff<br>Amount of Interest Paid<br>(if only minimum payments are made)<br>

Extracted text: Beginning Balances for Quentin's Four Credit Cards Card A Card C Card D Balance $4,134.00 $932.00 $1,269.00 APR (interest rate) 15% 11% 13% Minimum Payment calculation 2% of balance 4% of balance 3% of balance (must be at least $15) Minimum Payment this month $82.68 $37.28 $38.07 Months required to payoff Amount of Interest Paid (if only minimum payments are made)

Jun 11, 2022
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