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Suppose that you have a credit card with an annual interest rate of 12%. You would like to pay off your balance of $2,000 (you

Suppose that you have a credit card with an annual interest rate of 12%. You would like to pay off your balance of $2,000 (you have decided to not make any more purchases).

find out how much you will have to pay per month if you want to pay off the credit card balance in 2 years.

You will have to pay ___________ per month to pay off your credit card bill in 2 years.

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