Pete has a balance of $1800 on his credit card, which he plans to pay off by making a payment of the same amount each month. Which of these monthly amounts will allow Pete to pay off his balance the fastest?
A. $40
B. $50
C. $80
D. $60
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Home » Advanced Placement (AP) » Pete has a balance of $1800 on his credit card, which he plans to pay off by making a payment of the same amount each month. Which of these monthly amounts will allow Pete to pay off his balance the fastest? A. $40 B. $50 C. $80 D. $60