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Linda owes $3,861 on a credit card with a 22.3% interest rate compounded monthly. what is the monthly payment she should make in order to pay off this debt in 2 years, assuming she does not charge any more purchases with the card?

A. $160.88
B. $200.87
C. $361.93
D. $867.93

User Eppz
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2 Answers

2 votes

Answer:C

Explanation:

User Rizwan Sharif
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3 votes

Answer:

THE. ANSWER. IS. B. NOT. C.

Explanation:

User Jeff Fritz
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