Okay, here is what I got:
2% of 300 is $6
2 years is 24 months
6 times 24 is 144
300+144= $444
You owe $300.00 on your credit card. Each month you fail to make a payment, your balance increases by 2%. how much will you owe after 2 years of missing payments?
2 answers
got it awhile ago. (300) (1.02)to the 24th power. equal $482.53. thanks