Solved: Calvin johnson has a 5000 debt balance on his visa card, Basic Computer Science

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Calvin johnson has a 5000 debt balance on his visa card

Calvin Johnson has a ?$5,000 debt balance on his Visa card that charges 17.8 percent APR compounded monthly. In? 2009, Calvin's minimum monthly payment is 4 percent of his debt? balance, which is ?$200. How many months? (round up) will it take Calvin Johnson to pay off his credit card if he pays the current minimum payment of $200 at the end of each? month?

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Basic Computer Science: Calvin johnson has a 5000 debt balance on his visa card

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