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If a credit card company charges 18% interest in the unpaid balance, and you owed $2,000 3 months ago and have been delinquent since, how much do you owe?

If a credit card company charges 18% interest in the unpaid balance, and you owed $2,000 3 months ago and have been delinquent since, how much do you owe?
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2 votes
If a credit card company charges 18% interest in the unpaid balance, and you owed $2,000 3 months ago and have been delinquent since, how much do you owe?

User Lars Viklund
by
8.1k points

1 Answer

3 votes
From my estimate nearly $168,000 that you'll owe.
User Pau Ballada
by
8.6k points
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