Mathematics

29 July, 13:04

The table shows a schedule of Mr. Kirov's plan for paying off his credit card balance.

Mr. Kirov's Payment Plan

Balance

Payment

New Balance

Rate

Interest

$800.00

$100

$700.00

0.012

$8.40

$708.40

$100

$608.40

0.012

$7.30

$615.70

$100

$515.70

0.012

$6.19

If Mr. Kirov continues to make monthly payments of $100 and does not make any new purchases, how many more payments will he need to make before the balance is 0?

4 payments

5 payments

6 payments

7 payments

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “The table shows a schedule of Mr. Kirov's plan for paying off his credit card balance. Mr. Kirov's Payment Plan Balance Payment New Balance ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Suppose a basketball player is practicing shooting, and has a prob-ability. 95 of making each of his shots. Also assume that his shots are in-dependent of one another.

You perform a business service for which you charge $575. You receive $200 in cash and a promissory note for the balance payable in 60 days. What steps will you use to show this transaction on your balance sheet.?

On a deposit of $50 at a simple interest rate of 9%, how much interest will you earn after 12 vears?

Shaquira is baking cookies to put in packages for a fundraiser. Shakira has made 86 chocolate chip cookies and 42 sugar cookies. Shaquira wants to create identical packages of cookies to sell, and she must use all of the cookies.

What is the zero of the function 4x³ - 24x² - X+6

New Questions in Mathematics

How is has's mother being impacted by the war

Enter the value of p so that the expression 3 (4+n) is equivalent to 3 (n+p)

Is 12 over 15 in lowest terms 3 over 3? Ii'm having a brain fart

200 is 398 times j make an equation

stan cut two pieces of crown molding for his family room that were 8 feet 7 inches and 12 feet 11 inches. what was the total length of the molding?