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Montano1993 [528]
3 years ago
11

A new employee charged $3980 on his credit card to relocate for his first job.After noticing that the interest rate for his bala

nce was 21% compounded monthly,he stopped charging on that account.his wishes to pay off his balance in 4 years using automatic payments at the end of each month.
A.what monthly payment must he make to pay off the account at the end of 4 years?

B.how much total interest will he have paid?

Mathematics
1 answer:
olga nikolaevna [1]3 years ago
8 0

Answer:

that should be how you would solve those questions..

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The answer is

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