Question: Question 1 0 ( 0 . 5 points ) You have credit card debt of $ 3 , 0 0 0 at 1 6 %

Question 10(0.5 points)
You have credit card debt of $3,000 at 16% APR compounded monthly. If you charge
no more purchases to the card and make monthly payments of $500, how many
months will it take you to payoff your debt?
Your Answer:
Question 10(0.5 points) You have credit card debt of $3,000 at

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