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Assume your charge $5000 to your credit card. You make the minimum payment of $150 per month. The monthly interest rate is 1.0%. How many

Assume your charge $5000 to your credit card. You make the minimum payment of $150 per month. The monthly interest rate is 1.0%. How many months will it take to pay off your card?

Group of answer choices

31.57 months.

40.75 months.

None of these are correct.

23.96 months.

28.91 months.

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