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Cheng has accumulated $ 2 , 0 1 5 in debt on his credit card. The card has an APR of 2 0 . 6
Cheng has accumulated $ in debt on his credit card. The card has an APR of percent. Cheng is creating a plan to become debtfree. He wants to know how much he should pay each month to pay off his credit card in years.
Use Excel to compute Cheng's monthly payment.
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