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Q-3. You ran a little short on your spring break vacation, so you put $5,000 on your credit card. You can afford only the minimum

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Q-3. You ran a little short on your spring break vacation, so you put $5,000 on your credit card. You can afford only the minimum payment of $200 per month. The interest rate on the credit card is 1 percent per month. How long will you need to pay off the $5,000

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