Algebra 2 help!!

Question

Kayla has a balance of $1479 on her credit card. Since she is unable to pay off the balance in full at the end of the month, the credit card company will charge her 2% interest per month on the outstanding balance at the end of each month. She plans on paying $X each month until the card is paid off in full. 

 

29. Kayla is considering whether to pay the card offf at a rate of $65 per onth or $130 per month. For each monthly payment, find the number of months required to pa the card off in full, and the total amount paid. 

Chart:

monthly payment: 1st row;$65 2nd row; $130 months to pay off (2nd category) and total paid (3rd category)

Answer 1

30 months at $65, will pay $1950 

 

13 months at $130, will pay $1690

 

 

DOne in MS Excel