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You have an $8,000 balance on your credit card, which charges 12% APR, compounded monthly. If you can afford to pay $615.38 per month, how
You have an $8,000 balance on your credit card, which charges 12% APR, compounded monthly.
If you can afford to pay $615.38 per month, how many months will it take to pay the credit card in full?
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