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You have a credit card balance of $8,000. Your credit card charges a 20% interest rate, and the last bill shows a minimum payment of
You have a credit card balance of $8,000. Your credit card charges a 20% interest rate, and the last bill shows a minimum payment of $150 this month. How long it will take you to pay off your credit card, if you pay just the minimum payment? Write your answer using two decimals
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