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?
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Home » Business » 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.