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Joey has an outstanding credit card balance of $32,507 carrying an APR finance rate of 22.8% (note interest will be compounded monthly) and requiring minimum
"Joey has an outstanding credit card balance of $32,507 carrying an APR finance rate of 22.8% (note interest will be compounded monthly) and requiring minimum monthly payments of $670 per month -If only the minimum monthly payment is made, how many months will it take to completely pay off this credit card balance (assuming no new charges)?"
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