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You have credit card debt of $2,000 at 18% APR compounded monthly. If you charge no...
You have credit card debt of $4,000 at 23% APR compounded monthly. If you charge no...
You have credit card debt of $4,000 at 23% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $375, how many months will it take you to payoff your debt?
Question 9 (0.15 points) You have credit card debt of $1,000 at 22% APR compounded monthly....
Question 9 (0.15 points) You have credit card debt of $1,000 at 22% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $450, how many months will it take you to payoff your debt? Your Answer: Answer
Question 24 please! Thank you! Question 24 (0.5 points) You have credit card debt of $3,000...
Question 24 please! Thank you!
Question 24 (0.5 points) You have credit card debt of $3,000 at 19% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $400, how many months will it take you to payoff your debt? Your Answer: Answer
You have credit card debt of $30,000 that has an APR (monthly compounding) of 18%. Each...
You have credit card debt of $30,000 that has an APR (monthly compounding) of 18%. Each month you pay the minimum monthly payment. You are required to pay only the outstanding interest. You have received an offer in the mail for an otherwise identical credit card with an APR of 9%. After considering all your alternatives, you decide to switch cards, roll over the outstanding balance on the old card into the new card, and borrow additional money as well....
Michael has a credit card debt of $60,000 that has a 10% APR, compounded monthly. The minimum monthly payment only requires him to pay the interest on his debt. He receives an offer for a credit card...
Michael has a credit card debt of $60,000 that has a 10% APR, compounded monthly. The minimum monthly payment only requires him to pay the interest on his debt. He receives an offer for a credit card with an APR of 9% compounded monthly. If he rolls over his debt onto this card and makes the same monthly payment as before, how long will it take him to pay off his credit card debt?
You have a credit card with a balance of $14,800 and an APR of 18.4 percent...
You have a credit card with a balance of $14,800 and an APR of 18.4 percent compounded monthly. You have been making monthly payments of $280 per month, but you have received a substantial raise and will increase your monthly payments to $355 per month. How many months quicker will you be able to pay off the account?
You have a credit card with a balance of $14,200 and an APR of 18.2 percent...
You have a credit card with a balance of $14,200 and an APR of 18.2 percent compounded monthly. You have been making monthly payments of $270 per month, but you have received a substantial raise and will increase your monthly payments to $345 per month. How many months quicker will you be able to pay off the account?
You have a credit card with a balance of $12,400 and an APR of 17.6 percent...
You have a credit card with a balance of $12,400 and an APR of 17.6 percent compounded monthly. You have been making monthly payments of $240 per month, but you have received a substantial raise and will increase your monthly payments to $290 per month. How many months quicker will you be able to pay off the account? Multiple Choice 26.66 months 25.40 months 29.63 months 27.65 months 8.91 months
suppose you have accumulated $22,000 in credit card debt. If the interest rate on the credit...
suppose you have accumulated $22,000 in credit card debt. If the interest rate on the credit card is 22.3% APR compounded monthly, how many years will it take you to pay off this debt if you pay $500 per month? (Answer to the nearest tenth of a year)
You have credit card debt of $30,000 that has an APR (monthly compounding) of 16%. Each...
You have credit card debt of $30,000 that has an APR (monthly compounding) of 16%. Each month you pay the minimum monthly payment only. You are required to pay only the outstanding interest. You have received an offer in the mail for an otherwise identical credit card with an APR of 11%. After considering all your alternatives, you decide to switch cards, roll over the outstanding balance on the old card into the new card, and borrow additional money as...
Question 9 (0.15 points) You have credit card debt of $1,000 at 22% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $450, how many months will it take you to payoff your debt? Your Answer: Answer
Question 24 please! Thank you!
Question 24 (0.5 points) You have credit card debt of $3,000 at 19% APR compounded monthly. If you charge no more purchases to the card and make monthly payments of $400, how many months will it take you to payoff your debt? Your Answer: Answer
You have a credit card with a balance of $12,400 and an APR of 17.6 percent compounded monthly. You have been making monthly payments of $240 per month, but you have received a substantial raise and will increase your monthly payments to $290 per month. How many months quicker will you be able to pay off the account? Multiple Choice 26.66 months 25.40 months 29.63 months 27.65 months 8.91 months
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