Question

.a) Imagine you and your friend get a new card with an 18% APR and a $10 minimum payment and use this card to purchase the same mobile phone. If the first friend pays the minimum each month, while the second friend pays $20, what will their balances be after one month?

Answer 1

Answer:

yes

Step-by-step explanation:

yes yes you need to do the thing yeah

Answer 2

Answer:

yes

Step-by-step explanation:

a) Imagine you and your friend get a new card with an 18% APR and a $10 minimum payment and use this card to purchase the same mobile phone. If the first friend pays the minimum each month, while the second friend pays $20, what will their balances be after one month?