Pedro has a balance of $5810 on a credit card with an APR of 16.2%. Paying off his balance in which of these lengths of time wil l result in him paying the least amount of interest? A. 9 months
B. 11 months
C. 13 months
D. 7 months
1 answer:
A interest payed 399.19 B interest payed 481.12 C interest payed 563.76 D interest payed 317.95 you will pay the lest with a 7 month contract but you will pay more monthly but pay a lesser amount in the end so your answer is D
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