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You have a $ 7 , 0 0 0 balance on your credit card. The interest rate on the card is a 1 6 .
You have a $ balance on your credit card. The interest rate on the card is a APR, based on monthly compounding. Assume that you are not going to add any more charges to the card. If you make monthly endofthemonth payments of $ each, how long in years will it take you to pay off the card?
Input your answer rounded to the nearest year in other words, nearest th of a year
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