1 Answered Questions for the topic Amortization

#### The annual interest rate on a credit card is17.99%. If a payment of 300 is made each month, how many months will it take to pay off an unpaid balance of 2515.87?

You can assume that no new purchases were paid with the credit card. This is my last question on my homework and I've tried it a hundred times and I always get it wrong.

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