Billy has a credit card with a current balance of $3,500 and a 16% APR. With his current monthly payment, he will be able to pay off this debt in 15 months. But Billy just learned that he is getting a raise at work. If he puts all of the extra
income from his raise into his monthly credit card payment, how much additional monthly income would he require
from his raise to pay off the credit card in 12 months?
a $58.57
b. $171.37
c. $258.99
d. $317.56

1 1/5

step-by-step explanation:

i believe the answer is 323 ft

step-by-step explanation:

answer: 180 degrees clockwise

step-by-step explanation:

a. (14,375+570)(5.3) b. 158,417$

step-by-step explanation:

a. you are basically just setting up the equation. f= amount of debt hence 14,375. g= how much she is borrowing from her parents weekly hence 570 and t= the interest on her debt. creating the equation.

b.   14,375+570= 14,945

      14,945 x 5.3 = 79,208.5

      79,208.5 x 2(years) = 158,417(answer)