Ask Question
MathematicsMathematics
23 February, 15:41

Jakub has a $4,328.67 balance (debt) on his credit card. The interest rate on his card is 21%. To pay off his balance in 4 years, he will make monthly payments of $134.05. If Jakub pays his balance in 2 years, he will have to pay $222.45 each month. How will Jakub save if he pays his balance in 2 years instead of 4.

+1
Answers (1)
  1. 23 February, 16:13
    0
    If he pays his balance in 2 years instead of 4 years, he can save 384.47 every month.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Jakub has a $4,328.67 balance (debt) on his credit card. The interest rate on his card is 21%. To pay off his balance in 4 years, he will ...” 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
You Might be Interested in
Consider the function f (x) = 3x and a translation of f (x) named g (x). Janeen created a table for select values of x. Her table is shown below. What can be concluded about the relationship between the two functions? Check all that apply.
Answers (1)
Nico paid $15.32 for 4.3 pounds of blueberries. Nico estimated the cost per pound to be $5.00. Which statement explains Nico's error? Nico rounded $15.32 to $15.00 and 4.3 pounds to 6 before dividing. Nico rounded $15.32 to $15.00 and 4.
Answers (1)
Which is a prime number 60 67 65 63
Answers (1)
Each file holds records for 50 clients and each drawer has 5 how many for 600 clients
Answers (1)
In 1985, American swimmer Tom jager completed a 50 - meter freestyle swim in 22.40 seconds. In 1990, he was able to complete the swim in 21.2 miles long. How many seconds slower was his 1985 swim?
Answers (1)
New Questions in Mathematics
The grocery store sells bottles of juice in six-packs, or they can be bought separately. Edward is preparing a barbecue this weekend, and plans to have 4 families attending.
Answers (2)
How do you find the hypotenuse of a 30-60-90 triangle?
Answers (1)
Whats the mixed number of 20/10?
Answers (1)
Subtract 5x-2 from - 3x+4
Answers (1)
Explain why the equation (x - 4) ^ 2 - 28 = 8 has two solutions. Then solve the equation to find the solutions.
Answers (1)
Home » Mathematics » Jakub has a $4,328.67 balance (debt) on his credit card. The interest rate on his card is 21%. To pay off his balance in 4 years, he will make monthly payments of $134.05. If Jakub pays his balance in 2 years, he will have to pay $222.45 each month.
Sign Up Forgot Password?