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You have a credit card balance of $2,000 and are able to make payments of $50 per month. Assume the credit card company charges an
You have a credit card balance of $2,000 and are able to make payments of $50 per month. Assume the credit card company charges an annual interest rate of 14% (1.16667% per month). How many months will it take to pay off the balance. Assume no other purchases. Just write the two digit number...no label.
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