A credit card charges an effective rate of 19% for Joanne's credit card bill of $7500. Joanne

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A credit card charges an effective rate of 19% for Joanne's credit card bill of $7500. Joanne decides to stop using her card and make the minimum payment of $175 at the beginning of each month. How many payments will it take for Joanne to settle her debt?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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