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Simon recently received a credit card with a 1 5 % nominal interest rate. With the card, he purchased an Apple iPhone 7 for $
Simon recently received a credit card with a nominal interest rate. With the card, he purchased an Apple iPhone for $ The minimum payment on the card is only $ per month. months b If Simon makes monthly payments of $ how many months will it be before he pays off the debt? Do not round intermediate calculations. Round your answer to the nearest whole number. months $
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