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Carter has accumulated $6,759 in debt on his credit card. The card has an APR of 18.7%. Carter is creating a plan to become debt-free.

Carter has accumulated $6,759 in debt on his credit card. The card has an APR of 18.7%. Carter is creating a plan to become debt-free. He wants to know how much he should pay each month to pay off his credit card in 6 years.

Use Excel to compute Carter's monthly payment.

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