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Personal Finance
Credit cards
Debt Repayment
what would happen if i had a credit card with $2000 dollars on it with an interest rate of 10%.the minimum payment is $50 a month how long would it take to pay off
1 answer
You would have to make 44 payments which means you will be paying $50 for 3 years and 8 months provided if the interest rate does not go up.
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