Mathematics

28 March, 16:02

You have a credit card with an existing balance of $1,569.34, a credit limit of $2,000.00, and an interest rate of 12.5% APR. You pay $150.00 a month. When will the balance be below the target debt ratio to improve your credit score?

A. 2 months

B. 3 months

C. 5 months

D. 4 months

+5

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