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Suppose your credit card balance is $14,000. The minimum monthly payment is $364, and the annual interest rate is 17.8%. If you pay the minimum
Suppose your credit card balance is $14,000. The minimum monthly payment is $364, and the annual interest rate is 17.8%. If you pay the minimum payment every month, how long will it take you to pay off the credit card balance? Express your answer in months rounded to the nearest month.
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