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Mathematics, 18.03.2020 16:31 mermaid1304

You make 8.5% interest a year on your investment account!
For a year you owe $1,600 on a credit card.
You pay 19% interest a year on this credit card debt.

How much money are you making on your investment in a year?
$
How much money are you paying in interest in a year on your card?
$
What's your total gain/loss that year?
$

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Answers: 3

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You make 8.5% interest a year on your investment account!
For a year you owe $1,600 on a credi...
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