P. Use PMT = to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of - nt 1- 1+ $4600 and an annual interest rate of 18%. You decide to pay off the balance over two years. If there are no further purchases charged to the ay ts card, a. How much must you pay each month? b. How much total interest will you pay? ...) HTTP a. The monthly payments are approximately $ (Do not round until the final answer. Then round to the nearest dollar as needed.) ate Degr n...Nursi b. The total interest paid over 2 years is approximately $. (Round to the nearest dollar as needed.)

P. Use PMT = to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of - nt 1- 1+ $4600 and an annual interest rate of 18%. You decide to pay off the balance over two years. If there are no further purchases charged to the ay ts card, a. How much must you pay each month? b. How much total interest will you pay? ...) HTTP a. The monthly payments are approximately $ (Do not round until the final answer. Then round to the nearest dollar as needed.) ate Degr n...Nursi b. The total interest paid over 2 years is approximately $. (Round to the nearest dollar as needed.)

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter8: Sequences And Series

Section8.4: Mathematics Of Finance

Problem 20E: Mortgage A couple can afford to make a monthly mortgage payment of $650. If the mortgage rate is 9%...

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