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You just received an offer in the mail to transfer the $10,000 balance from your current credit card, which charges an annual rate of 18.0

You just received an offer in the mail to transfer the $10,000 balance from your current credit card, which charges an annual rate of 18.0 percent, to a new credit card charging a rate of 9.0 percent. You plan to make payments of $500 a month on this debt. How many fewer payments will you have to make to pay off this debt if you transfer the balance to the new card?

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