How much total interest will you pay over repayment period

Reference no: EM131964333

Question: For a credit card with a balance of $7,500 and an interest rate of 14.99% (monthly compounding, charged on the outstanding balance each month), how much total interest will you pay over the repayment period if your payment each month is 150? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131964333

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