BRE 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?
$58.57
b. $171.37
$258.99
d. $317.56

Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a