Register
Teresa has a balance of $3750 on a credit card with an APR of 28.2%. Paying off her balance in which of the following lengths of time will result in her paying the least amount of interest?
16.3k views
2 votes
Teresa has a balance of $3750 on a credit card with an APR of 28.2%. Paying off her balance in which of the following lengths of time will result in her paying the least amount of interest?

User Chen OT
by
8.2k points

2 Answers

6 votes
9 months for APEX users
User Gsgx
by
8.3k points
3 votes
9 months, the faster you pay it off the less you pay in interest
User Rodrigo Gauzmanf
by
8.3k points
← Prev Question Next Question →

Related questions

User Tracy Fu
asked Feb 11, 2019 179k views
Teresa has a balance of $3750 on a credit card with an APR
Tracy Fu asked Feb 11, 2019
by Tracy Fu
8.5k points
2 answers
1 vote
179k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!