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TheJag18:
(Total Costs and Debt Payoff MC) A recent college graduate has a $4,200 balance on a credit card that charges 15.5% interest, compounded monthly. What monthly payment must be made to pay this balance in two years? A spreadsheet was used to calculate the correct answer. Your answer may vary slightly depending on the technology used. $206.44 $204.64 $202.13 $179.52
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Deadshot:
$206.44
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