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  2. Topic
    Mathematics
  3. Study Set
    Precalculus
  4. Exam
    Exam 3: Exponential and Logarithmic Functions
  5. Question
    Find the Time It Will Take to Pay Off a Credit
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Find the Time It Will Take to Pay Off a Credit

Question 32

Question 32

Short Answer

Find the time it will take to pay off a credit card with a balance of $10800 and interest rate of 17.1% if the monthly payment is $450. Express the answer as years to the nearest 2 decimal places.

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