Questions LLC
Login
or
Sign Up
Ask a New Question
Personal Finance
Credit cards
Debt Repayment
what would happen if i had a credit card with $2000 dollars on it with an interest rate of 10%.the minimum payment is $50 a month how long would it take to pay off
1 answer
You would have to make 44 payments which means you will be paying $50 for 3 years and 8 months provided if the interest rate does not go up.
You can
ask a new question
or
answer this question
.
Related Questions
Kendra’s credit card is stolen. She calls the credit card company to report it and the company says there are three large
Which of the following would be an excellent credit score?
250 500 750*** 100 Which of the following could have a negative impact
Rank the credit çards from best to worse from a borrowers perspective based on APR:
Credit card A-10% APR Credit card B-12% APR
Antoine applied for a credit card. The bank offers him a very low line of credit and a high interest rate. He has some savings
The credit remaining on a phone card (in dollars) is a linear function of the total calling time made with the card (in
At 100 college campuses, 1200 full-time undergraduate students were surveyed on their credit card usage. Among juniors, 65%
If you insist on having credit card debt and a savings account, you should have ____.
(1 point) Responses the credit card paid
What is the difference between a store credit card and an ordinary credit card?(1 point)
Responses An ordinary credit card allows
What is the problem with paying only your minimum credit card balance each month?
Question 10 options: It lowers your credit
a student wants to purchase a new bicycle that costs $350. They have $150 in cash, a $50 gift card, and a credit card with a