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You find yourself with $30,000 in credit card debt. If your minimum monthly payment is $490.18 and the credit card comp

Posted: Mon May 02, 2022 9:31 am
by answerhappygod
You find yourself with $30,000 in credit card debt. If
your minimum monthly payment is $490.18 and the credit card company
charges 18% per year, how many years until the credit card is paid
off? (Assume you stop using the card.)
Please show work.