The annual interest rate on a credit card is 12.99%. If a payment of $300.00 is made each month, how many months will it
Posted: Sun Oct 03, 2021 12:58 pm
The annual interest rate on a credit card is 12.99%. If a payment of $300.00 is made each month, how many months will it take to pay off an unpaid balance of $2,401.11? Assume that no new purchases are made with the credit card. It will take months to pay off the unpaid balance. (Do not round until the final answer. Then round up to the nearest integer as needed.)