Question: ( Nonannual compounding using a calculator ) Dennis Rodman has a $ 5 0 0 0 debt balance on his Visa card that charges an
Nonannual compounding using a calculator Dennis Rodman has a $ debt balance on his Visa card that charges an APR of percent compounded monthly. Dennis's current minimum monthly payment is percent of his debt balance, $ How many monthsround up will it take Dennis to pay off his credit card if he pays the current miminum payment of $ at the end of each month?
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