Jessica has a balance of $2,200 on her credit card with an 18% interest rate. Her credit card company doesn't require a minimum payment on the balance (unheard of) and does not assess any late charges (also unheard of). If Jessica chooses not to make any payments on her outstanding balance, how long will it take for her balance to double?
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Home » Computers & Technology » Jessica has a balance of $2,200 on her credit card with an 18% interest rate. Her credit card company doesn't require a minimum payment on the balance (unheard of) and does not assess any late charges (also unheard of).