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Business, 27.07.2020 01:01 200002977

11. A recent graduate of the university has gotten into a little more credit card debt than he had anticipated. He currently owes $22,000; the credit card company charges him 1.5% per month on this debt. If he wishes to pay off his credit card bill in 5 years of equal monthly installments, promises to make the first payment next month and not use the credit card again, what monthly payments must he make

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