asked 155k views
5 votes
A credit card has an annual percentage rate of 23 988% the balanced owed is $1450.00. Assuming no additional charges are made. What is the minimum monthly payment in dollars, required to pay off the balance in 12 months? (No links)

120.83
149.82
175.33
299.65

A credit card has an annual percentage rate of 23 988% the balanced owed is $1450.00. Assuming-example-1

1 Answer

0 votes
The answer should be 120.83
answered
User Manu Sharma
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7.5k points
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