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You have a $6,000 balance on your credit card, which has an effective monthly interest rate of 1%. How many months will it take you

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You have a $6,000 balance on your credit card, which has an effective monthly interest rate of 1%. How many months will it take you to pay off the balance by making monthly payments of $200? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50. Which of the following best defines underwriting? Multiple Choice When an investment dealer or a group of investment dealers purchase the securities from a firm and market them to the public. When shares are traded between investors at a price below its market value. When shares are sold to the public for the first time. Situation where an investment dealer or group of investment dealers sell securities at a price below or under its market value. The process of preparing shares to be traded on the OTC market

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