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5) You owe $13,000 in credit card debt, The interest charge is 1.5% monthly. You want to pay off this credit card in five years

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5) You owe $13,000 in credit card debt, The interest charge is 1.5% monthly. You want to pay off this credit card in five years and you plan to make the first payment today. How much do you need to pay each month to pay off your credit card in five years? (See Chapter 6, page 178. You do not need to create the table shown, just determine the monthly payment)

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