How long will it take you to repay the credit, Financial Management

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How long will it take you to repay the credit

During your four years of college you have spent $15000 on your credit card. The card charges you 15% interest compounded monthly. You have decided to stop using it and repay $250 per month in an effort to repay. How long will it take you to repay the credit card?

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Financial Management: How long will it take you to repay the credit

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Financial Management: How long will it take you to repay the credit

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