QUESTION 9 Assume you have a balance of $3200 on your credit card that you want to pay off. Calculate your monthly payment and total payment under the given conditions. Assume you make no additional...


QUESTION 9<br>Assume you have a balance of $3200 on your credit card that you want to pay off. Calculate your monthly payment and total payment<br>under the given conditions. Assume you make no additional charges to the card.<br>The credit card APR is 20% and you want to pay off the balance in 4 years.<br>O $116.98; $5614.96<br>O $135.85; $6520.56<br>$83.40; $4003.29<br>$97.38; $4674.10<br>

Extracted text: QUESTION 9 Assume you have a balance of $3200 on your credit card that you want to pay off. Calculate your monthly payment and total payment under the given conditions. Assume you make no additional charges to the card. The credit card APR is 20% and you want to pay off the balance in 4 years. O $116.98; $5614.96 O $135.85; $6520.56 $83.40; $4003.29 $97.38; $4674.10

Jun 11, 2022
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