Solved: If craig wants to pay it off in 12 months what would craigs, Accounting Basics

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If craig wants to pay it off in 12 months what would craigs

Problem

Craig has a credit card debt of $3,800, and the card's APR is 18.5%.

If Craig wants to pay it off in 12 months, what would his monthly payment be? Round to the nearest cent.

If he pays it off in 12 months, how much total interest will he have paid when the debt is gone? Round to the nearest cent.

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Accounting Basics: If craig wants to pay it off in 12 months what would craigs

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Solution Preview :

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Accounting Basics: If craig wants to pay it off in 12 months what would craigs

Reference No:- TGS02592138

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