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Angela has a QuikTrip credit card. The card has a balance of $988.62 with an APR of 28.75%. The QuikTrip expects the minimum payment

 


Angela has a QuikTrip credit card. The card has a balance of $988.62 with an APR of 28.75%. The QuikTrip expects the minimum payment to be 4.1% of the balance. What is Angela's minimum payment? How long will it take Angela to pay off her QuikTrip credit card? How much interest will Angela pay if she only pays the minimum payment? Show steps.

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