If you take the maximum length of time to pay off a credit card, at a rate of 18.5%, how much interest will you pay in interest on a debt of $2,000?.Based your calculations on a minimum payment of 1/36 or $20, whichever is greater.
A)$1,934
B)$1,557
C)$989
D)$3,401
E)$4,223

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The Answer of If you take the maximum length of time to pay off a credit card, at a rate of 18.5%, how much interest will you pay in interest on a debt of $2,000?.Based your calculations on a minimum payment of 1/36 or $20, whichever is greater.
A)$1,934
B)$1,557
C)$989
D)$3,401
E)$4,223

If You Take the Maximum Length of Time to Pay