Business, 30.07.2019 08:30, cjacobs77311

Apr of a credit card is 28%. you hold a balance of 3000 dollars on your card. how much will you pay in interest that month? round your answer to the nearest dollar.

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Mathematics, 22.06.2019 14:30, ashley5196

Ou have two credit cards. if you budget $375 to pay off your credit card debt and you payoff the highest interest card first while maintaining the interest accrued on the other card, how much is the first month’s payment toward the high interest credit card? card name (apr %) existing balance credit limit murk (5.6%) $675.49 $1,500.00 mini (9.85%) $902.43 $1,000.00 $373.02 $371.97 $373.19 $371.85

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Mathematics, 19.09.2019 21:50, xaguilar

You have $400.00 each month to pay off these two credit cards. you decide to pay only the interest on the lower-interest card and the remaining amount to the higher interest card. complete the following two tables to you answer questions 1–3. card name (apr %) existing balance credit limit mark2 (6.5%) $475.00 $3,000.00 bee4 (10.1%) $1,311.48 $2,500.00 i need getting started on this, im a bit confused as where to start. higher-interest card (payoff option) month 1 2 3 4 5 6 7 8 9 10 principal interest accrued payment (on due date) end-of-month balance i really need , i'm not asking for the whole thing to be done, just need getting started.

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Mathematics, 05.10.2019 02:30, Kiaraboyd9366

Me ! im about to rip my hair out,you have two credit cards. if you budget $375 to pay off your credit card debt and you payoff the highest interest card first while maintaining the interest accrued on the other card, how much is the first month’s payment toward the high interest credit card? card name (apr %) existing balance credit limit murk (5.6%) $675.49 $1,500.00 mini (9.85%) $902.43 $1,000.00 $371.97 $371.85 $373.02 $373.19

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Mathematics, 22.10.2019 23:00, mlopezmanny5722

Card name (apr %) existing balance credit limit mark2 (6.5%) $475.00 $3,000.00 bee4 (10.1%) $1,311.48 $2,500.00 you have $400.00 each month to pay off these two credit cards. you decide to pay only the interest on the lower-interest card and the remaining amount to the higher interest card. complete the following two tables to you answer questions 1–3. higher-interest card (payoff option) month 1 2 3 4 5 6 7 8 9 10 principal 2138.90 1757.52 1373 985.01 593.63 198.82 interest accrued 18.72 15.38 12.01 8.62 5.19 1.74 payment (on due date) 400 400 400 400 400 200.56 end-of-month balance 1757.52 1373 985.01 593.63 198.82 0 lower-interest card month 1 2 3 4 5 6 7 8 9 10 principal 1692.45 1304.02 919.10 525.35 128.92 interest accrued 11.57 8.87 6.25 3.57 0.88 payment (on due date) 400 400 400 400 129.80 end-of-month balance 1304.02 919.10 525.35 128.92 0 1) how long does it take to pay off the higher-interest card? it takes 6 months. 2) what is the amount of the last payment on the higher-interest card? why? $200.56 was the last payment because they paid $400 each month until the amount due was lower than $400. 3) at the end of the month that you pay off the higher-interest card, after you have started to pay down your debt on the lower-interest card, what is the balance of the lower-interest card? why? complete the following two tables to you answer questions 4–5. 4) rework the problem so that you pay off the lower-interest card first. 5) how much money do you save by paying off the higher-interest card first? lower interest card (payoff option) month 1 2 3 4 5 6 7 8 9 10 principal interest accrued payment (on due date) end-of-month balance higher interest card month 1 2 3 4 5 6 7 8 9 10 principal interest accrued payment (on due date) end-of-month balance be sure to include in your response: • all parts of the tables are complete and calculations correct • the answers to the additional questions

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Apr of a credit card is 28%. you hold a balance of 3000 dollars on your card. how much will you pay...

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