What is monthly payment she should make in order to pay off
Problem
Lindsey owes $5,381 on a credit card with a 24.9% interest rate compounded monthly. What is the monthly payment she should make in order to pay off this debt in 5 years, assuming she does not charge any more purchases with the card?
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Exam the assessment and treatment of patients with PTSD. Why did you not select the other two options provided in the exercise?
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Calculate the amount that Ngwenya (Pty) Ltd can deduct for tax purposes with regards to the bad debts it has incurred during the year of assessment ending on 28
Hamlet opened a credit card at a department store with an APR of 17.85% compounded quarterly. What is the APY on this credit card?
What is the monthly payment she should make in order to pay off this debt in 5 years, assuming she does not charge any more purchases with the card?
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Explain this reason behind this huge difference in interest rates between credit cards and mortgages/car loans!
He can pay off up to $200 per month. The card has an annual rate of 13.6% compounded monthly. How much total interest will he pay?
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