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Simon recently received a credit card with a 15% nominal interest rate. With the card, he purchased an Apple iPhone 7 for $360.34. The minimum
Simon recently received a credit card with a 15% nominal interest rate. With the card, he purchased an Apple iPhone 7 for $360.34. The minimum payment on the card is only $10 per month. month(s) b. If Simon makes monthly payments of $35, 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. month(s) $
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