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How long will it take you to repay a $5,000 credit card balance if you make monthly payments of $100 and your monthly interest rate
How long will it take you to repay a $5,000 credit card balance if you make monthly payments of $100 and your monthly interest rate is 1.5% per month? Round your answer UP (e.g., if you found N=10.3, round it to N=11) A) 38 months B) 50 months C) 76 months D) 93 months E) 105 months
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