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jessicacampbell
jessicacampbell jessicacampbell
  • 12-06-2016
  • Mathematics
Answered

You have a $2,000 credit card debt, and you plan to pay it off through monthly payments of $50. If you are being charged 15% interest per year, how long (to the nearest 0.5 years) will it take you to repay your debt?

Verified Answer :

mathHalppls mathHalppls
  • 12-06-2016

You can do this fairly easily on Excel. (its 56)

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