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2 votes
Haddad purchases a new surround sound system with a store credit card. If Haddad pays the minimum monthly payment, he will have his balance paid off in 41 months. If he pays an additional $15.00 each month, he will have his balance paid off in 27 months. What percent of time will Haddad save by paying the extra $15.00 per month?

1 Answer

6 votes


(41-27)/(41) * 100 \approx \boxed{34\%}

Haddad purchases a new surround sound system with a store credit card. If Haddad pays-example-1
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User AlanF
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