If Your Put a Trip on Your Credit Card That

question 71

Multiple Choice

If your put a trip on your credit card that charges you an APR of 19.99% and make the minimum monthly payment of $45 how long will it take to pay off the credit card debt (in months) ?

• A)24
• B)36
• C)49
• D)60
• E)96

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Definitions:

Qualitative Changes

Transformations that alter the nature or essence of something, rather than just its quantity.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Incremental Models

Models or theories that suggest development or progress occurs in small, sequential steps.

Continuous Process

A process characterized by ongoing operations or functions without interruption.