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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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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 Jamesla
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2 Answers

3 votes

Answer:

377.50

Step-by-step explanation:

User Lizzet
by
3.7k points
5 votes

Answer: 497.12

Explanation: just got it right on the test

User MaLio
by
3.5k points
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