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12 November, 23:09

You have a credit card with a balance of 1367.90 at a 9.5% apr. You pay 400 each month on the due date until the card is paid off. How many months does it take to pay off the card?

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  1. 12 November, 23:10
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    9.5 % = 9.5/12 %/mo = 0.00791667/mo.
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