![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 16.12.2020 03:40, jose477
Billy has a credit card with a current balance of $3,500 and a 16% APR. With his current monthly payment, he will be able to pay off this debt in 15 months. But Billy just learned that he is getting a raise at work. If he puts all of the extra income from his raise into his monthly credit card payment, how much additional monthly income would he require from his raise to pay off the credit card in 12 months?
a.
$58.57
b.
$171.37
c.
$258.99
![answer](/tpl/images/cats/otvet.png)
Answers: 1
Other questions on the subject: Mathematics
![image](/tpl/images/cats/mat.png)
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 19:30, robert7248
I'm confused on this could anyone me and show me what i need to do to solve it.
Answers: 1
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 21:00, recon12759
Is there an x intercept in the equation 60*1.15^x
Answers: 3
Do you know the correct answer?
Billy has a credit card with a current balance of $3,500 and a 16% APR. With his current monthly pay...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.01.2021 14:00
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 26.01.2021 14:00
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/istoriya.png)
History, 26.01.2021 14:00
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
English, 26.01.2021 14:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.01.2021 14:00
![Konu](/tpl/images/cats/fizika.png)
Physics, 26.01.2021 14:00
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/fizika.png)
Physics, 26.01.2021 14:00