If you pay the minimum payment per month of $40.38 on your credit card ,you...
50.1K
Verified Solution
Link Copied!
Question
Accounting
If you pay the minimum payment per month of $40.38 on your credit card ,you will pay if off after making 96 payments.If you pay $10 more per month ,you will pay ot off 32 months sooner .How much total interest will you save ?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
