Question

If you get a credit card with 12% annual interest, and you use it to purchase a $8000 car, and you do the following

you pay only the minimum payment, which is 10% of the amount on your monthly statement, for 4 years, and you keep having to pay the interest, how much more does this car cost because of the interest? Also, if you continue this, when will you pay off the car?

Answer 1

Answer:

I can't understand your question can you tell me again