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DiKsa [7]
2 years ago
6

Gary has a credit card with an APR of 13.57%, compounded monthly. He would like to pay off the $1,847.42 card balance over the c

ourse of two and a half years by making identical monthly payments. Assuming that he makes no additional purchases on his card, how much must Gary pay every month to reach his goal? (Round all dollar values to the nearest cent.)
a.
$72.96
b.
$137.45
c.
$61.58
d.
$86.29


Please select the best answer from the choices provided

A
B
C
D
Business
2 answers:
rjkz [21]2 years ago
5 0

Answer:

Your answer is A

Explanation:

$72.96

Annette [7]2 years ago
3 0
The answer is A.72.96
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3 years ago
On April 2, KLV sold $30,000 of inventory items on credit with the terms 1/10, net 30. Payment on $18,000 sales was received on
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Answer:

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