your credit card has a balance of $2700 in an annual interest rate of 16%. You decide to pay off the balance or four years if there is no further purchase charge to the car you must pay 76. $53 each month and you will pay a total interest of 973. $44 assume you decide to pay off the balance over one year rather than four how much you pay each month and how much you pay less will you pay in the total interest? You will pay $__? more each month

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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your credit card has a balance of $2700 in an annual interest rate of 16%. You decide to pay off the balance or four years if there is no further purchase charge to the car you must pay 76. $53 each month and you will pay a total interest of 973. $44 assume you decide to pay off the balance over one year rather than four how much you pay each month and how much you pay less will you pay in the total interest? You will pay $__? more each month
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