Solved: If you can only afford to pay 200 each month and the card, Mathematics

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If you can only afford to pay 200 each month and the card

Assume you have just opened up your most recent credit card statement. You realize that you have charged too much on your credit card and have racked up $12,000 in debt. If you can only afford to pay $200 each month, and the card charges 15.00 percent APR, how long will it take you to pay off the debt?

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Mathematics: If you can only afford to pay 200 each month and the card

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