Answer:
It will takes 4 months to pay off the card.
The total amount paid is $3,387.90
3,387.90
Interest rate 14.50%
Monthly payments $1,200
Month Open Balance. Payment Interest Charged Closing Balance
1 3,387.90 1,200 174 2,361.90
2 2,361.90 1,200 174 1,335.90
3 1,335.90 1,200 174 309.90
4 309.90 309.90
Step-by-step explanation: