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You missed your payment due date and now have $300 on your card that has a 24% APR. You are able to pay $100 in one month and then every month after that. How many months will i…

You missed your payment due date and now have $300 on your card that has a 24% APR. You are able to pay $100 in one month and then every month after that. How many months will i…
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2 votes
You missed your payment due date and now have $300 on your card that has a 24% APR. You are able to pay $100 in one month and then every month after that. How many months will it take you to pay this credit card off?

asked
User Justus Metzger
by
8.7k points

1 Answer

1 vote
It would take you 4 months to pay the credit card off.
answered
User Rasmi Ranjan Nayak
by
8.0k points
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