Note: Enter your answer and show all the steps that you use to
solve this problem in the space provided.
You have a credit card with a balance of $1,367.90 at a 9.5%
APR. You pay $400.00 each month on the due date until the
card is paid off. How many months does it take to pay off the
card, and what is the total amount paid including interest?
Be sure to include in your response:
• the answer to the original question
. the mathematical steps for solving the problem
demonstrating mathematical reasoning