Read the short scenario and answer the question that follows. Lisa's credit card balance this month is $969.16. Her APR (annual percentage rate) is 15.24 %. The minimum payment due is $20.00. If she pays only the minimum each month and does not add any more charges, how long will it take her to pay off the entire balance?
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Home » Business » Read the short scenario and answer the question that follows. Lisa's credit card balance this month is $969.16. Her APR (annual percentage rate) is 15.24 %. The minimum payment due is $20.00.