If you owe $1853.42 on a credit card with a limit of $3,000.00 at the rate of 15.5 apr % . You pay $400.00 in the first 2 months and then $200.00 until the bill is paid off. Bill is paid on time each month.
1. show decreasing debt for months 1&2.
2. how much will the last payment be?
3. What is the total amount paid for the card pay off?
4. What was the debt ratio in the beginning?
** please help explain. It's consumer math and I am confused with the percent and stuff. I have to make a chart. Can anyone help please?? Thanks!!!

Question

If you owe $1853.42 on a credit card with a limit of $3,000.00 at the rate of 15.5 apr % . You pay $400.00 in the first 2 months and then $200.00 until the bill is paid off. Bill is paid on time each month.
1. show decreasing debt for months 1&2.
2. how much will the last payment be?
3. What is the total amount paid for the card pay off?
4. What was the debt ratio in the beginning?
 ** please help explain. It's consumer math and I am confused with the percent and stuff. I have to make a chart. Can anyone help please?? Thanks!!!