You have a credit card with a balance of $14,800 and an APR of 18.4...
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Accounting
You have a credit card with a balance of $14,800 and an APR of 18.4 percent compounded monthly. You have been making monthly payments of $280 per month, but you have received a substantial raise and will increase your monthly payments to $355 per month. How many months quicker will you be able to pay off the account?
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