Question

You are paying 18.9% interest on the $2,000, and you can manage to pay $100 a month. If you continue to pay only $100 a month, how long will it take you to pay off your debt? How much does this $2,000 cost you?

A. $2,119.00
B. $2,375.00
C. $2,378.00
D. $2,213.00

Answer 1

2000*1.189 = 2378 It'll take 2 years

Answer 2

answer is b .....hope this helps