If he can pay 150 each month and the card charges 17


Joey realizes that he has charged too much on his credit card and has racked up $4,700 in debt. If he can pay $150 each month and the card charges 17 percent APR (compounded monthly), how long will it take him to pay off the debt? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Time to pay off the debt months

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If he can pay 150 each month and the card charges 17
Reference No:- TGS02364465

Expected delivery within 24 Hours