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Leah owes $4,206 on a credit card with an 18.7% interest rate compounded monthly. What is the monthly payment she should make in order to pay off this debt in 4 years, assuming she does not charge any more purchases with the card?

A: $786.73
B: $87.63
C: $125.10
D: $387.01

User Josinalvo
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2 Answers

5 votes
A: $786.73

Enjoy!!!!!!!
User Jaliza
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6 votes
The answer is A: $786.73
(originally $786,522)
User Pzirkind
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5.7k points