the table shows mr. winklers schedule for paying off his credit card balance.\nif he continues to make…

the table shows mr. winklers schedule for paying off his credit card balance.\nif he continues to make monthly payments of $100, and makes no new purchases, how many more payments will he have to make before the balance is zero?\nmr. winkler needs to make more payments.

the table shows mr. winklers schedule for paying off his credit card balance.\nif he continues to make monthly payments of $100, and makes no new purchases, how many more payments will he have to make before the balance is zero?\nmr. winkler needs to make more payments.

Answer

Answer:

3

Explanation:

Step1: Identify last balance

The last balance is $266.42.

Step2: Calculate number of payments

$266.42\div100 = 2.6642$. Since we can't have a fraction of a payment and we need to pay off the full balance, we round up to 3.