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NikAS [45]
3 years ago
11

Thom owes $6,200 on his credit card. The credit card carries an APR of 17.9 percent compounded monthly. If Thom makes monthly pa

yments of $200 per month, how long will it take for him to pay off the credit card assuming that he makes no additional charges?
Business
1 answer:
melisa1 [442]3 years ago
8 0

Answer:

31 payments on his card

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