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Mr. Jerome has an outstanding balance of $12000 on his credit card. The interest rate on the card is 12% he intends to pay off the card in 2 years. Find the APR on the card.
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2 votes
Mr. Jerome has an outstanding balance of $12000 on his credit card. The interest rate on the card is 12% he intends to pay off

the card in 2 years. Find the APR on the card.

User Toan Vo
by
4.8k points

2 Answers

1 vote
The person above me is correct
User Austin Brunkhorst
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4.7k points
5 votes
the answer is 56 cards
because you add both sides by the same number
User Dexters
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4.4k points
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