Ask Question
29 September, 15:13

Ellen has a $19,750 balance on a credit card with an APR of 18%. If she makes minimum monthly payments of $300, how much will it cost Ellen to repay the total amount on the credit card? $

+4
Answers (1)
  1. 29 September, 17:24
    0
    Using an online calculator, it will take 24.5 years and will cost 24.5 years * 12 * 300 = 88,200.00
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ellen has a $19,750 balance on a credit card with an APR of 18%. If she makes minimum monthly payments of $300, how much will it cost Ellen ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers