Question:

You have $4,500 on a credit card that charges a 23% interest

Last updated: 7/6/2022

You have $4,500 on a credit card that charges a 23% interest

You have $4,500 on a credit card that charges a 23% interest rate. If you want to pay off the credit card in 3 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? ___________$ each month