A credit card has a $890 balance and a 17.21% annual percentage rate. The minimum required monthly payment is 3.89% of the balance. Estimate the credit card balance after 46 payments.

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15-07-2024
Mathematics

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A credit card has a $890 balance and a 17.21% annual percentage rate. The minimum required monthly payment is 3.89% of the balance. Estimate the credit card balance after 46 payments.

Sagot :

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A credit card has a $890 balance and a 17.21% annual percentage rate. The minimum required monthly payment is 3.89% of the balance. Estimate the credit card balance after 46 payments.

Sagot :

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