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Jessica owes 3100 dollars on a credit card that charges 1.6 percent interest per month. She decides to pay off the debt by making monthly
Jessica owes 3100 dollars on a credit card that charges 1.6 percent interest per month. She decides to pay off the debt by making monthly payments of 75 dollars, starting one month from now, followed by a final smaller payment. How many payments, including the final one, will be required?
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