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18-03-2021
Mathematics

contestada

If you pay the minimum payment of $150/month on your $10,000 debt how long will take you to pay off the debt?

Respuesta :

B276653 B276653

18-03-2021

Answer: 5.5 years

Step-by-step explanation:

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18-03-2021

Answer:

5.55 years or 66.67 months.

Step-by-step explanation:

5.55 years assuming that you are not factoring in interest rates

10000/150 is 66.67 months

divided by 12 months to a year gives you 5.55 years

Answer Link

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