You owe $1,568.00 on a credit card with a limit of $2,200.00 at an interest rate of 11.3% APR. You pay $300.00/month until it is paid off. How many months does it take you to pay it off and how much is the total interest you paid?

Question

anonymous · Answer

please help dont leave

anonymous · Answer

You kids are too young for credit cards.

Okay really though, do you know how often interest is compounded? is it every month or year? What is it usually for these type of problems?

anonymous · Answer

Man this is class not my actuall life , so kan you help or not