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Please use a financial calculator and show steps. Thanks! You used your credit card to spend $6,200 to buy home theater equipment. The interest rate
Please use a financial calculator and show steps. Thanks!
You used your credit card to spend $6,200 to buy home theater equipment. The interest rate that your credit card company charges is 14.9 percent, compounded monthly Calculate how long it will take you to pay off this balance on your credit card assuming that you do not charge anything else and make $120 payments every monthStep by Step Solution
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