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15 October, 02:15

Greg used his credit card to buy exercise equipment. the cost was $826.38. if greg pays $50 a month for 20 months, the total interest will be $139.33. greg decided instead to pay only the minimum amount each month. that will take him 124 months and the total interest will be $1,038.08. how much would greg have saved if he had paid $50 a month instead of the minimum amount?

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  1. 15 October, 02:36
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    He would have saved 898.75 if he would have payed the 50
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