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Mathematics, 17.10.2019 17:10 briyantesol

suppose that on january 1 you have a balance of

$4100

on a credit card whose apr is

12%,

which you want to pay off in

44

years. assume that you make no additional charges to the card after january 1.

a. calculate your monthly payments.

b. when the card is paid off, how much will you have paid since january 1?

c. what percentage of your total payment (part b) isinterest?

the monthly payment is ?

do not round until the final answer. then round to the nearest cent as needed.)

ansver
Answers: 1

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suppose that on january 1 you have a balance of

$4100

on a credit card whose...
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