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Business, 22.02.2020 03:40 dmsmith192

Today, you borrowed $6,200 on your credit card to purchase some furniture. The interest rate is 14.9 percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $120?

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Today, you borrowed $6,200 on your credit card to purchase some furniture. The interest rate is 14.9...

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