Joel is considering putting a $2400 laptop purchase on his credit card, which has an interest rate of 3.3% compounded monthly. How long will it take him to pay off the purchase if he makes monthly...


Joel is considering putting a $2400 laptop purchase on his credit card, which has an interest rate of 3.3%<br>compounded monthly. How long will it take him to pay off the purchase if he makes monthly payments of<br>$30? Round your answer to the nearest tenth of a year.<br>years<br>

Extracted text: Joel is considering putting a $2400 laptop purchase on his credit card, which has an interest rate of 3.3% compounded monthly. How long will it take him to pay off the purchase if he makes monthly payments of $30? Round your answer to the nearest tenth of a year. years

Jun 10, 2022
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