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Joey realizes that he has charged too much on his credit card and has racked up $4,800 in debt. If he can pay $175 each

Joey realizes that he has charged too much on his credit card and has racked up $4,800 in debt. If he can pay $175 each month and the card charges 16 percent APR (compounded monthly), how long will it take him to pay off the debt?

Time to pay off the debt

months

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