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How many months will it take to pay off credit card balance

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Question - What is the best formula to figure this answer out with concerning APR? The Bennetts spend $10,000.00 on a home improvement project. They make the purchase with a credit card that has a 9% APR. They decide to make $150.00 monthly payments. How many months will it take to pay off the credit card balance?

Reference no: EM133057072

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