Register
Sheila has a balance of $1190 on her credit card, which she plans to pay off by making a payment of the same amount each month. Which of these monthly amounts will allow Sheila to pay off her balance the
141k views
3 votes
Sheila has a balance of $1190 on her credit card, which she plans to pay off by making a payment of the same amount each month. Which of these monthly amounts will allow Sheila to pay off her balance the fastest?

User Romen
by
6.4k points

2 Answers

1 vote
What are the monthly amounts?
User Sleepyjames
by
6.2k points
2 votes
The fastest payoff would occur when the monthly payment is largest.
User Peter Kjaer
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.2m questions

9.6m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
What is 25% of 500.00
Link Copied!