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26. Bonus! Suppose I get into a bit of credit card debt. I have 10,000 dollars in debt with an APR of 12% compounded monthly.
26. Bonus! Suppose I get into a bit of credit card debt. I have 10,000 dollars in debt with an APR of 12% compounded monthly. If the minimum monthly payment is 50 dollars, how long will it take me to pay off my credit card? (2 points)
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