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  3. you have $2,000 on a credit card that charges a 12

You have $2,000 on a credit card that charges a 12% interest rate. If you...

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Basic Math

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You have $2,000 on a credit card that charges a 12% interest rate. If you want to pay off the credit card in 3 years, how much will you need to pay each month (assuming you don't charge anything new to the card)?

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