. [-/2 Points) DETAILS CRAUDQL3 4.4.024E. Assume that you have a balance of $1000 on your MasterCard and that you make n
Posted: Sun Jul 03, 2022 4:13 pm
. [-/2 Points) DETAILS CRAUDQL3 4.4.024E. Assume that you have a balance of $1000 on your MasterCard and that you make no more charges. Assume that MasterCard charges 12% APR and that each month you make only the minimum payment of 5% of the balance. Find how many months it will take to bring the remaining balance down to $400. (Round your answer to the nearest whole number) months Submit Assignment Save Assignment Progress Home My Assignments Request Extension MY NOTES F CE PRACTICE ANOTHER MO nos d ILIES of com ant OOTA