Question

(Total Costs and Debt Payoff MC)

A consumer owes $2,550 on a credit card with a 21.9% annual interest rate.

Assuming the consumer makes fixed payments and does not charge any more purchases with the card, what is the total monthly payment needed to pay off the card in three years? Show all work and round your answer to the nearest penny.

Answer 1

Was this one not correct?

Answer 2

the work was not enough she said.

Answer 3

something wrong with it lay up or something

Answer 4

How was it not enough? It was literally the entire problem-

Answer 5

idk

Answer 6

i dont understand eaither

Answer 7

Your teacher is bonkers