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You have a credit card with a balance of $13,600...
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Advance Math
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You have a credit card with a balance of $13,600 and an APR of18 percent compounded monthly. You have been making monthlypayments of $260 per month, but you have received a substantialraise and will increase your monthly payments to $335 per month.How many months quicker will you be able to pay off theaccount?
37.39 Months
36.05 Months
40.06 Months
11.71 Months
34.33 Months
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first we find a number of months taking to repay 13600 when
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