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(Solved): The Annual Interest Rate On A Credit Card Is 16.99%. If A Payment Of $400.00 Is Made Each Month, How ...

The annual interest rate on a credit card is 16.99%. If a payment of $400.00 is made each month, how many months will it take to pay off an unpaid balance of $2,538.75? Assuming there are no new charges on the credit card.

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