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You decided to consolidate your credit card debt to a new card that charges 4% interest less. Your old credit card had a rate of

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You decided to consolidate your credit card debt to a new card that charges 4% interest less. Your old credit card had a rate of 15% and you owe $17,000. If you make monthly payments of $400, how much faster will you pay down your debt? a. 8% faster b. 9% faster c. 10% faster d. 11% faster

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