finance
 👍
 👎
 👁
Respond to this Question
Similar Questions

finance
You have credit card debt of $25,000 that has an APR (monthly compounding) of 15%. Each month you pay minimum monthly payment only. You are required to pay only the outstanding interest. You have received an offer in the mail for

Consumer math
Could someone please check my answers? Secured Credit APR Excellent 4.75% Good 5.00% Average 5.85% Fair 6.40% Poor 7.50%  Unsecured Credit APR Excellent 5.50% Good 5.90% Average 6.75% Fair 7.25% Poor

consumer math
1. Which of the following is an advantage of using credit cards? (Points : 1) Credit card accounts charge monthly interest. It is very easy to charge more than you can pay off each month. If you pay late, you will be charged a

MATH
Buford pays for a $4000.00 vacation with a credit card that has a 20% APR. He decides to make $200.00 monthly payments. What is the total amount of interest and fees based on the APR?

Math
The Bennetts spend $10,000.00 on a home improvement project. They make the purchase with a credit card that has a 9% APR. They decide to make $150.00 monthly payments. How many months will it take to pay off the credit card

com156
courses per year the total comes to $8,760. With this information financial aid does not begin to cover my tuition for a year. The only other option I have is to apply for a student loan, scholarship, or a credit card. There’s a

math
What is your debt ratio? If you budget $375 to payoff your credit card debt and you payoff the highest interest card first while maintaining the interest accrued on the other card, how many months does it take you to pay it off

math
You are purchasing a car for $12,465.00 plus 5.65% sales tax. You make a $1,300.00 down payment and have a fair credit score. If you improved your credit score to good and paid $1,500 on your purchase, how much interest could you

Computer Programming using python
Now write a program that calculates the minimum fixed monthly payment needed in order pay off a credit card balance within 12 months. By a fixed monthly payment, we mean a single number which does not change each month, but

Computer Programming using python
Write a program to calculate the credit card balance after one year if a person only pays the minimum monthly payment required by the credit card company each month. The following variables contain values as described below:

consumer math
You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning of the month. How much interest do you save by paying at the beginning of the month versus at the end of the month? second part: Imagine you

Math
The formula for simple interest is where I is the amount you will pay in interest, r is the rate at which interest will accrue, P is the principal (amount borrowed), and m is the number of times the interest is applied. To solve
You can view more similar questions or ask a new question.