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QUESTION 7 Suppose you have accumulated 521,000 in credit card debt. If the interest rate on the credit card is 20.4% APR compounded manthly, how

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QUESTION 7 Suppose you have accumulated 521,000 in credit card debt. If the interest rate on the credit card is 20.4% APR compounded manthly, how many years will it take you to pay off this debt if you pay 5500 per month? (Answer to the nearest tenth of a year)

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