Question

PLEASE HELP ME :(

The questions and answer choices are in the picture.
It would also reallyyyyy help me if you explain how you solved it. At least just show the steps.
Thank you!

Answer 1

Hi army! I found the answer!

Answer:

F. An 18-month loan with an annual simple interest rate of 4.75%

Explanation:

I just used a credit card payoff calculator to solve this problem. You can use that calculator to solve other problems like this too!

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Have a great day!