Respuesta :
Answer:
It will take 73 months to pay off the credit card balance for the Bennetts.
Step-by-step explanation:
Given that the APR of the loan given to the Bennett family is 9% of $ 10,000, its interest rate would be $ 900, which would give a total payment of $ 10,900.
Now, since the Bennetts want to pay monthly installments of $ 150, it will take them 72.6 months to pay the loan (10,900 / 150 = 72.6), which, rounded to the nearest integer, gives a total of 73 months.
Answer:
92
Step-by-step explanation:
I just took the test and this was correct.