You Have an $8000 Balance on Your Credit Card,which Charges

question 23

Multiple Choice

You have an $8000 balance on your credit card,which charges 18% interest annually (1% per month) .If you can afford to pay $100 per month,how many months will it take to pay the credit card in full?

• A)170 months
• B)14 months
• C)162 months
• D)You will never get the card paid off at that rate.

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Definitions:

Closed Rectangular Box

A solid figure bounded by six rectangular faces, fully enclosed and with three dimensions: length, width, and height.

Volume

The measure of the amount of space inside a three-dimensional object.

Dimensions

Measurements that define the size, shape, or scale of an object or space, often in terms of length, width, and height.

Polynomials

Polynomials are mathematical expressions consisting of variables and coefficients that involve only the operations of addition, subtraction, multiplication, and non-negative integer exponents of variables.