Take you to repay the credit card debt off in full

Assignment Help Financial Management

Reference no: EM131998378

You just returned from a friend’s overseas wedding and you’ve run up a $5,000 bill on your credit card that charges 19.90% per year, compounded monthly. Your plan is to make $150 payments monthly. How many months will it take you to repay the credit card debt off in full? (Round your answer up to the nearest month.)

Round your answer up to the nearest month.

Reference no: EM131998378

Questions Cloud

Preparation for assessing mental illness in adolescence : Reflect on each of the categories listed in the Assignment Preparation for Assessing Mental Illness in Adolescence: Bullying & , particularly on the issues.

Number of security breaches increasing : With the number of Security Breaches increasing, and networks being exposed to constant surveillance and attacks

Different work role apart from being a supporter : Are there any circumstances in which he can take on a different work role apart from being a supporter?

High degree of coordination between the members : Case management requires a high degree of coordination between the members of the case management team.

Take you to repay the credit card debt off in full : How many months will it take you to repay the credit card debt off in full?

Discuss the agencies identified for collaboration : An outline for a leadership plan for building social, cultural, and global collaboration for improved outcomes. Your plan must include: Agencies identified.

How much should you be willing to pay for the bond : If you require an "effective" annual interest rate (not a nominal rate) of 11.17%, how much should you be willing to pay for the bond?

Summarize the hospitals publically reported indicators : Summarize the hospitals publically reported indicators for Process of Care - Compare the pros and cons of publically reporting these data sets

Purchasing decisions for seasonal fashions : Imagine that you are the team leader of a group of buyers who are about to make purchasing decisions for seasonal fashions at a large department store.

User Account

All Pages