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Today, you borrowed $9,800 on your credit card to purchase some furniture. The interest rate is 12.6 percent, compounded monthlyHow long will it take you

Today, you borrowed $9,800 on your credit card to purchase some furniture. The interest rate is 12.6 percent, compounded monthlyHow long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $130?

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