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Carolyn owes $9,620 on her Electronics Boutique credit card with a 16.4% interest rate. She owes $3,970 on her Miscellaneous Goods credit cards which has a 24.6% interest rate. What is the total monthly
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10 votes
10 votes
Carolyn owes $9,620 on her Electronics Boutique credit card with a 16.4% interest rate. She owes $3,970 on her Miscellaneous Goods credit cards which has a 24.6% interest rate. What is the total monthly payment needed to pay off both cards in three years, assuming she makes fixed payments and does not charge any more purchases with the card

User Zeucxb
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2 Answers

10 votes
10 votes

Answer:

377.50

Step-by-step explanation:

User Canor
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3.0k points
18 votes
18 votes

Answer: 497.12

Explanation: just got it right on the test

User Afaolek
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3.0k points
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