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Question 1 (5 points) You have purchased a $1,063.00 double bed mattress with a private credit card from a furniture company with an interest rate

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Question 1 (5 points) You have purchased a $1,063.00 double bed mattress with a private credit card from a furniture company with an interest rate of 6%, compounded monthly. How many months will be required to repay the debt if you only make the minimum monthly payments of $29.39? 40 months 60 months 34 months O 20 months

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