Hak Young has gone on to accumulate other credit card debt on top of what he owes from his Disney Land vacation and his total debit is now $13,864.82. He is getting worried about his debt and is determined to pay it off completely.
With all conditions of the account being the same as before, what would Hak Young’s minimum payment have to be in order to pay off his debt in 5 years?
What will be the total interest paid?
1 answer