Asked by Steve

James owes $6,927 on a credit card with a 19.5% interest rate. What is the monthly payment he should make to pay off this debt in 12 months, assuming he does not charge any more purchases with the card?

a-$1531.34

b- $577.25

c-$124.82

d- $640.02

My answer is D
Answered by Reiny
correct
Answered by Steve
thank you
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