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How many months will it take to completely pay off

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Question - Joey has an outstanding credit card balance of $49,526 carrying an APR finance rate of 15.3% (note interest will be compounded monthly) and requiring minimum monthly payments of $910 per month. If only the minimum monthly payment is made, how many months will it take to completely pay off this credit card balance (assuming no new charges)?

Reference no: EM133150232

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