Ask Question
MathematicsMathematics
10 September, 16:02

Your parents have a credit card with a balance of $3,287.90 at an interest rate of 14.5% APR. They pay $1,200.00 each month on the due date until the card is paid off. How many months does it take to pay off the card, and what is the total amount paid including interest? Be sure to include in your response: • the answer to the original question • the mathematical steps for solving the problem demonstrating mathematical reasoning

+1
Answers (1)
  1. 10 September, 19:38
    0
    It will take 10 years and 11 months to payoff the balance. The total interest is $2,574.43
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Your parents have a credit card with a balance of $3,287.90 at an interest rate of 14.5% APR. They pay $1,200.00 each month on the due date ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is the lowest trim for 9 5/10 + 11 4/5
Answers (1)
Which of the following estimates at a 95% confidence level most likely comes from a small sample a. 62% (+/-6%) b. 65% (+/-2%) c. 71% (+/-18%) d. 60% (+/-4%)
Answers (1)
What is the product in the simplest form? -8/9 x 5/6 A: - 1 B: - 13/15 C: - 20/27 D: - 1/5
Answers (1)
Suppose you deposit $2,500 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. a. How much will be in the account after 4 years? b.
Answers (1)
There were 154 birds on the endangered species list in some year. this is 12 more than twice the number of reptiles on the list. How many reptiles were on the endangered species list in this year?
Answers (1)
New Questions in Mathematics
Type your answer in decimal form. Do not round. 7 days = a0 hours
Answers (1)
If you multiply two decimals that are less than 1, can you predict whether the product will be less than or greater than either of the factors?
Answers (1)
Jessie and Mia are playing the integer card game. The cards in Jessie's hand are 3, - 5, 9 and - 6. What is the total score of Jessie's hand?
Answers (1)
Solve: b2-23=-5b11+13.
Answers (1)
Which equation represent two less than a number is equal to 10
Answers (1)
Home » Mathematics » Your parents have a credit card with a balance of $3,287.90 at an interest rate of 14.5% APR. They pay $1,200.00 each month on the due date until the card is paid off.
Sign Up Forgot Password?