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johnpaech johnpaech
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6 years ago
You have an $8000 balance on your credit card, which charges 18% interest annually (1% per month).  If you can afford to pay $100 per month, how many months will it take to pay the credit card in full?
A) 170 months
B) 14 months
C) 162 months
D) You will never get the card paid off at that rate.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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deusmarotodeusmaroto
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#1
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6 years ago
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johnpaech Author
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6 years ago
You make an excellent tutor!
shangshang
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Brilliant ツ
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This site is awesome
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