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5) You owe $5,000 on credit card debt. You only want to pay the monthly minimum payment of $100. How long (in months, to 2
5) You owe $5,000 on credit card debt. You only want to pay the monthly minimum payment of $100. How long (in months, to 2 decimals) does it take to pay off your debt if the interest rate on the card is 18%?
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