Mathematics, 09.09.2020 19:01 yokis2710
Kimberly has a credit card with a 19% APR and a balance of $4,350. With her current monthly payment, Kimberly will be able to pay off the credit card in a mere 16 months. But when Kimberly's car breaks down, she is forced to charge an additional $1,600 to her credit card. How much will Kimberly's minimum monthly payment increase if she still wants to pay off her credit card in 16 months? a. $100.00 b. $113.99 c. $309.90 d. $423.89 Please select the best answer from the choices provided.
Answers: 1
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Kimberly has a credit card with a 19% APR and a balance of $4,350. With her current monthly payment,...
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