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.24% 2. You find the APR is too high for last credit card, so you find another one. Now the APR is 12%. You spend

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.24% 2. You find the APR is too high for last credit card, so you find another one. Now the APR is 12%. You spend $1,000 on this new card, and plan to pay it off in one year. How much is your monthly payment assuming that every payment is in the same amount? 5 pts

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