Question

José wants to buy DJ equipment for $650.00 and pay for it using a credit card that has an Annual Percentage Rate of 19.85%. What is the total amount José will pay for the equipment if he pays $25.00 a month?

Answer 1

Answer: she wil pay 300$ the first year and the second year she will have had 600$ payed off so she will have to go 2 years and 2 months of paying 25$ a month.