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QUESTION

You have a credit card debt of $5000. At 19% annual interest, what minimum monthly payment would you have to make to pay off your debt in 5 years? How much interest would you have paid?

You have a credit card debt of $5000. At 19% annual interest, what minimum monthly payment would you have to make to pay off your debt in 5 years? How much interest would you have paid?

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