Fred owes 11000 on his credit card which carries an annual, Financial Management

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Fred owes 11000 on his credit card which carries an annual

Fred owes $11,000 on his credit card, which carries an annual interest rate of 17.9 percent. If he does not charge anything else and sends the credit card company $544 every month, how many months will it take to pay off the card? (Show your answer to two decimal places, e.g., 12.34)

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