# Quantitative reasoning

Suppose that on January 1 you have a balance of ?$4000 on a credit card whose APR is 19?%, which you want to pay off in 2 years. Assume that you make no additional charges to the card after January 1. A: what is your monthly payment? B: When the card is paid? off, how much will you have paid since January? 1? C: What percentage of your total payment? (part b) is? interest? • Offered bounty is too low! • closed • 79 views •$3.00