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Dr. Kim owes $3,990 on a credit card with an APR of 13.9 percent. How much more will it cost him to pay off this
Dr. Kim owes $3,990 on a credit card with an APR of 13.9 percent. How much more will it cost him to pay off this balance if he makes monthly payments of $55 rather than $65? Assume he does not charge any further purchases.
A. $1,755
B. $2,021
C. $1,029
D. $2,111
E. $3,545
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