Mathematics
Mathematics, 26.05.2020 20:59, Worksmarter1703

Sylvia wants to become debt-free in 2 years by making regular monthly payments. She currently has an outstanding balance on two different credit cards:

• Card A has a balance of $1522.77 and an interest rate of 18.5%, compounded daily.

• Card B has a balance of $2003.45 and an interest rate of 17.7%, compounded daily.

Sylvia wants to consolidate her debts into a line of credit that charges an interest rate of 9.2%, compounded monthly.

WHAT ARE HER MONTHLY PAYMENTS FOR 'CARD A'?

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