haley7572 haley7572

25-06-2019
Business

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Thom owes $6,200 on his credit card. The credit card carries an APR of 17.9 percent compounded monthly. If Thom makes monthly payments of $200 per month, how long will it take for him to pay off the credit card assuming that he makes no additional charges?

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shortygirl2005 shortygirl2005

25-06-2019

Answer:

31 payments on his card

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