calculator - Google X New Tab X Quiz: Amath190 Exar x Sy (\sqrt[17][133099)/X Mathway | Algebra: xs instructure.com/courses/2438849/quizzes/8459624/take CA ments 4 758.4 D Question 8 10 pts ts arces es ons Flip opened a credit card account. During the first month he purchased a new bed, couch, and stereo, and then put the card in a desk drawer and didn't use it again. The structure of the minimum monthly payment is the interest charge plus an additional 3% of the remaining balance. If Flip only makes the minimum monthly payment, how many months will it take for the remaining balance to be half the amount of Flip's original purchases? Round your answer to the nearest tenth of a month. Only type in the number. Do not type in the word "month". Example: 17.8 Use the following formula to help you answer this question. Balance Half-time = log(0.5) log(b) where b is the decay factor. B

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