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Please show work. b. Sadie currently has a credit card balance of $12,500. The credit card carries an APR of $21.99%, compounded monthly. If Sadie

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Please show work.

b. Sadie currently has a credit card balance of $12,500. The credit card carries an APR of $21.99%, compounded monthly. If Sadie makes a monthly payment of $245 per month, how long (in years) will it take Sadie to pay off the account, assuming she adds no further charges to the account? (3 points)

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