Through poor financial management, your friend has racked up ($5,000) in debt on his credit card. The

Question:

Through poor financial management, your friend has racked up $$5,000$ in debt on his credit card. The card charges a 19 percent APR and compounds monthly. His latest bill shows that he must pay a minimum of $$150$ this month. At this rate, how long will it take your friend to pay off his credit card debt?

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