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Mathematics, 18.10.2021 05:50 ednalovegod

Assume that you have a balance of $5500 on your Discover credit card and that you make no more charges. Assume that Discover charges 21% APR and that each month you make only the minimum payment of 2% of the balance. Find how many months it will take to bring the remaining balance down to $2500. (Round your answer to the nearest whole number.)

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Assume that you have a balance of $5500 on your Discover credit card and that you make no more charg...

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