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You have $4,000 on a credit card that charges a 16% interest rate. If you want to pay off the credit card in 3 years,

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You have $4,000 on a credit card that charges a 16% interest rate. If you want to pay off the credit card in 3 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? $ each month Question Help: Video Message instructor

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