You are late paying a bill for $9,976.48. You have made arrangements to pay off the bill
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Question:
You are late paying a bill for $9,976.48. You have made arrangements to pay off the bill in installments of $240 permonth, and you will be charged monthly interest of 1.0% on the overdue balance. How many months will it take you to pay off the accountbalance?
How many months will it take you to pay off the accountbalance?
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