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Time Value of Money 1 answer below » You owe $3,745 on your credit card. You are determined that you will not charge another purchase because you want to get this debt paid in full. The card has
an APR of 14.9 percent. How much longer will it take you to pay off this balance if you make monthly payments of $60 rather than $75? Please show the steps taken to get to the answer. Thanks! Jan 17 2014 06:28 PM