(Solved): The Annual Interest Rate On A Credit Card Is 16.99%. If A Payment Of $400.00 Is Made Each Month, How ...
The annual interest rate on a credit card is 16.99%. If a
payment of $400.00 is made each month, how many months will it take
to pay off an unpaid balance of $2,538.75? Assuming there are no
new charges on the credit card.