Economy, asked by swarad0901, 1 month ago

what would the approximate one-month interest be for a $5,000 credit card balance with a 12% APR

Answers

Answered by itzBrainlymaster

1

Explanation:

For example, if you have a $5,000 balance on a credit card charging 19.99% interest, your minimum monthly payment will probably be $150. If you make only the minimum payment on your credit card, it will take you more than four years to pay off the balance, and during that time you'll pay $2,357 in interest

Previous Question

Next Question

Similar questions

English, 26 days ago

* I noticed a gentleman come upto our comparment ( change the voice)...

Math, 26 days ago

what do i do here? i'm totally stuck :(...

Math, 26 days ago

Two fair coins are tossed. What is the probability of getting at the most one head?

Math, 1 month ago

b) In an examination, 52% failed in mathematics, 46% in English, 36% in science, 33% in mathematics and English, 26% in mathematics and science and 23% in English and science and 18% in all three subjects. i. Represent the above information in a Venn-diagram. ii. What percent passed in all three subjects? iii. What percent failed in exactly two subjects? iv. What percent failed in exactly...

Math, 1 month ago

A number 36 is divided into four parts that are in A.P. such that the ratio of product of first and fourth part to the product of second and third part is 9:10. The sum of second and fourth part is not divisible by...

Math, 9 months ago

if (5,k)is the solution of the equation 2x+y-7=0 find the value of k...

Math, 9 months ago

सख्याआका i) 150 को 2 : 3 के अनुपात में...

Math, 9 months ago

vacum cleaner market price without gst=4500 gst=28% discount is = 25% what is final price and selling price in percentage...