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10 October, 09:23

You have a $2,000 credit card debt, and you plan to pay it off through monthly payments of $50. If you are being charged 15% interest per year, how long (to the nearest 0.5 years) will it take you to repay your debt?

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  1. 10 October, 09:34
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    You can do this fairly easily on Excel. (its 56)
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