Johan owes $9889 on a credit card with the 23.5% interest-rate what is the monthly payment he should meet to pay off this debt and 12 months assuming he does not charge anymore purchase with the card?

Question

shelbi1216 · Answer

answer choices 
824.08 , 932.71,  206.30, 2,524.44

lowkey · Answer

Lemme entertain you for just a moment:

lowkey · Answer

Who names their kid Johan?
What Johan would have almost 10k in debt? St00pid st00pid Johan.

lowkey · Answer

Let me know when you're online. (:

shelbi1216 · Answer

haha goooodddd oneee

shelbi1216 · Answer

Do you know the answer lmao

lowkey · Answer

Ight so first we have to find the interest rate of the money owed. Do you know how to get that?

lowkey · Answer

Well then, good bye. LMAO JK.
So to find the cash of the interest, we simply multiply the owed amount times the interest rate in decimals, 0.235.

shelbi1216 · Answer

No honestly I dont understand a lot of this I am horrible at math and need explanation ..

lowkey · Answer

Oh Alright!

lowkey · Answer

So read above and if you don't understand, lmk

shelbi1216 · Answer

I understand that

lowkey · Answer

Alright, so attempt to get the interest rate money.