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You have a balance of 15,000 on a credit card that charges an APR of 20% (compounded monthly). You have been paying 300 per month,
You have a balance of 15,000 on a credit card that charges an APR of 20% (compounded monthly). You have been paying 300 per month, but from now on you're going to pay 400 a month. In how many months more quickly will you be able to pay it off? Using Excel
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