You decide to buy a new iPhone with your credit card. The iPhone you want costs $1450, and your credit card charges 12.99% interest, compounded monthly. If you pay $50 per month on your credit card,...


You decide to buy a new iPhone with your credit card. The iPhone you want costs $1450, and your credit card charges 12.99% interest, compounded monthly. If you pay $50 per month on your credit card, how many months will it take you to pay off the card?


How many years is that (round to the nearest tenth)?


I just need the year not the month



Jun 07, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here