Question

Nick has a goal to pay his credit card balance in full by June 30. When he first wrote the goal in December, his balance

was $2,500. It is now April, and he can pay all except $200. Evaluate his progress and describe the resuts in one to
two sentences.

Answer 1

See below

Step-by-step explanation:

Nick's goal is to pay $2500 in six months. To achieve the goal, he needs to pay at least $417 per month. As of April, and with two more months to go, the balance is only $200. This indicates that Nick has been paying more than the minimum monthly average required.

If Nick continues to repay at the current rate, he will certainly achieve his goal.