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Today, you borrowed $6200 on your credit card to purchase some furniture. The interest rate is 12%, compounded monthly. How long will it take you
Today, you borrowed $6200 on your credit card to purchase some furniture. The interest rate is 12%, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $120?
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
