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Assume that you have a balance of $4700 on your Discover credit card and that you make no more charges. Assume that Discover charges 25%

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Assume that you have a balance of $4700 on your Discover credit card and that you make no more charges. Assume that Discover charges 25% APR and that each month you make only the minimum payment of 2.3% of the balance. What will the balance be after 30 months

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