Gary has a credit card with an APR of 13.57%, compounded monthly. He would like to pay off the $1,847.42 card balance over the course of two and a half years by making identical monthly payments. Assuming that he makes no additional purchases on his card, how much must Gary pay every month to reach his goal
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Gary has a credit card with an APR of 13.57%, compounded monthly. He would like to pay off the $1,84...
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