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Angela owes 10,212.25. She has made arrangements to repay the debt in installments of 274.14 per month, and will be charged monthly interest of 1.55%
Angela owes 10,212.25. She has made arrangements to repay the debt in installments of 274.14 per month, and will be charged monthly interest of 1.55% on the overdue balance. How many months will it take her to repay the debt and interest? Assume end-of-month payments. How many months will it take Angela to pay off the debt?
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