you have $400.00 each month to pay off these two credit cards. you decide to pay only the interest on the lowest interest card and the remaining amount to the other card.
1) How long does it take to payoff the higher interest card?
2) What is the amount of the last payment? Why?

Question

you have $400.00 each month to pay off these two credit cards. you decide to pay only the interest on the lowest interest card and the remaining amount to the other card.
1)  How long does it take to payoff the higher interest card?
2)  What is the amount of the last payment? Why?

anonymous · Answer

I need HELP. This is what it looks like.

thomaster · Answer

This is a math question, please post it in the mathematics group instead of the OS feedback group.

justnick09 · Answer

ya