Question: Note: Enter your answer and show all the steps that you use to solve this problem in the space provided. You have a credit card
Note: Enter your answer and show all the steps that you use to solve this problem in the space provided.
You have a credit card with a balance of $1,367.90 at a 9.5% APR. You pay $400.00 each month on the due date until the card is paid off. How many months does it take to pay off the card, and what is the total amount paid including interest?
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