Question: Debora La Devoradora ran a little short on her spring break vacation, so she put $2,500 on her credit card. She can only afford to
Debora La Devoradora ran a little short on her spring break vacation, so she put $2,500 on her credit card. She can only afford to make the minimum payment of $90 per month. The interest rate on the credit card is 3.5 percent per month. How long will she need to pay off the $2,500?
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