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You have a credit card balance of $2,500 and are able to make payments of $111.23 per month. Assume the credit card company charges an
You have a credit card balance of $2,500 and are able to make payments of $111.23 per month. Assume the credit card company charges an annual interest rate of 19%. How many months will it take to pay off the balance? Assume no other purchases.
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
