Multiple Choice
If you take the maximum length of time to pay off a credit card, at a rate of 18.5%, how many years will it take to pay the debt off? Select the closest whole number of years and a minimum payment of 1/36 or $20, whichever is greater.
A) 5
B) 8
C) 11
D) 15
E) 20
Correct Answer:
Verified
Correct Answer:
Verified
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