Family has a credit card with a $6,000 limit she charges $7.50 every month for clothes but she can only pay back $300 a month how many months until her card reaches or exceeds its limit
To calculate the number of months until the card reaches or exceeds its limit, we need to find the difference between the monthly charges and the monthly payment.
The difference between the monthly charges and the monthly payment is:
$7.50 - $300 = - $292.50
Since the charges are less than the payment, it will take an infinite number of months for the card to reach or exceed its limit.
Therefore, the card will never exceed its limit based on the given scenario.