If you are being charged 15 interest per year how long to
You have a $4,000 credit card debt, and you plan to pay it off through monthly payments of $100. If you are being charged 15% interest per year, how long (to the nearest 0.5 years) will it take you to repay your debt?
Find t=......years?
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suppose at time t 0 you borrow 100000 at the fixed interest rate of 007 per year you repay the loan in 30 equal annual
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you have a 4000 credit card debt and you plan to pay it off through monthly payments of 100 if you are being charged 15
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