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You owe $3,400 on a credit card that is charging 12.4% interest? Fill in the missing information in following table: You can use the Excel

You owe $3,400 on a credit card that is charging 12.4% interest?

Fill in the missing information in following table:

You can use the Excel function: pmt(rate,nper,-pv) Round all your answers to the nearest dollar.

Months to Pay Off Monthly Payment Total Amount Paid Amount Paid in Interest
48 $ $ $
24 $ $ $
12 $ $ $

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