Mathematics, 06.05.2020 16:59 trvptrav

J. R. owes $7,000 on a credit card charging a 23.4% annual percentage rate (APR). He stopped using the card and has a debt plan to pay $320.00 per month. Determine his new balance after 3 months of payments.

a. $6,816.59

b. $5,939.12

c. $6,438.69

d. $6,135.98

Answers: 1

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More questions: Mathematics Another questions

J. R. owes $7,000 on a credit card charging a 23.4% annual percentage rate (APR). He stopped using the card and has a debt plan to pay $320.00 per month. Determine his new balance after 3 months of payments. a. $6,816.59 b. $5,939.12 c. $6,438.69 d. $6,135.98

Answers

Another question on Mathematics

J. R. owes $7,000 on a credit card charging a 23.4% annual percentage rate (APR). He stopped using the card and has a debt plan to pay $320.00 per month. Determine his new balance after 3 months of payments.

a. $6,816.59

b. $5,939.12

c. $6,438.69

d. $6,135.98