Jill has a balance of $5,000 on her credit card with an annual interest rate of 15%. To pay off the $5,000 in three years, Jill will have to make a minimum payment of $173.33 per month. To pay off the $5,000 in five years, Jill will have to make a minimum payment of $118.95 per month. How much more does Jill have to pay when the length of the loan changes from 3 years to 5 years? A) $1,239.88 B) $1,957.68 C) $2,137.00 D) $897.12

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   c is what it is

Answer:

The answer is D) $897.12

Step-by-step explanation:

3 years = 36 months

173.33 * 36 = 6239.88

5 years = 60 months

118.95 * 60 = 7137.00

7137.00 - 6239.88 = 897.12