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What would hak young minimum payment have to be

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Reference no: EM132998056

Hak Young has gone on to accumulate other credit card debt on top of what he owes from his Disney Land vacation and his total debit is now $13,864.82. He is getting worried about his debt and is determined to pay it off completely.

Problem 1: With all conditions of the account being the same as before, what would Hak Young's minimum payment have to be in order to pay off his debt in 5 years?

Problem 2: What will be the total interest paid?

Reference no: EM132998056

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