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Your credit card charges an interest rate of 207% per month. You have a current balance of $1,040, and want to pay it off. Suppose

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Your credit card charges an interest rate of 207% per month. You have a current balance of $1,040, and want to pay it off. Suppose you can afford to pay $90 per month. What will your balance be at the end of one year? You will still owes after one year. (Round to the nearest cent)

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