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Mathematics, 27.06.2019 12:30 vandonquisenberry

You just received an offer in the mail to transfer the $5,000 balance from your current credit card, which charges an annual rate of 18.7 percent, to a new credit card charging a rate of 7.9 percent. you plan to make payments of $250 a month on this debt. how many fewer payments will you have to make to pay off this debt if you transfer the balance to the new card?

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