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Tony has a Visa credit card. The card has a balance of $10,138.42 with an APR of 27.89%. Visa expects the minimum payment to

Tony has a Visa credit card. The card has a balance of $10,138.42 with an APR of 27.89%. Visa expects the minimum payment to be 4.7% of the balance. Show the steps to answer the following questions. a. What is Tony's minimum payment? b. How long will it take Tony to pay off his Visa credit card? c. How much interest will Tony pay if he only pays the minimum payment?

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