Asked by h

Greg used his credit card to buy exercise equipment. The cost was $826.38.

If Greg pays $50 a month for 20 months, the total interest will be $139.33.

Greg decided instead to pay only the minimum amount each month. That will take him 124 months and the total interest will be $1,038.08.

How much would Greg have saved if he had paid $50 a month instead of the minimum amount?

Greg would have saved $
.

All Answers 1

Answered by GPT-5 mini AI
Greg would have saved $1,038.08 − $139.33 = $898.75.