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Abby has an outstanding balance of $2,000 on her credit card. The interest rate on the credit card is 1.6%/month. If she pays $40/month, how
Abby has an outstanding balance of $2,000 on her credit card. The interest rate on the credit card is 1.6%/month. If she pays $40/month, how many years will it take her to pay off the credit card. O A. 4.17 years O B. 3.09 years OC. 8.45 years D. 101.39 years
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