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You have a $3,000 balance on your card. You want to pay it off in a year (12 months) and the credit card company is

You have a $3,000 balance on your card. You want to pay it off in a year (12 months) and the credit card company is charging 28% interest. How much should each months payment be?

Explain how to get this answer: 289.51

Is there an easy way to do this on a calculator? thanks

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