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please don't use excel format provide step by step solutions Joel is considering putting a $4300 laptop purchase on his credit card, which has an

please don't use excel format
provide step by step solutions
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Joel is considering putting a $4300 laptop purchase on his credit card, which has an interest rate of 535% compounded monthly. How long will it take him to pay off the purchase if he makes monthly payments of $40 ? Round your answer to the nearest tenth of a year

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