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Mathematics, 10.10.2020 16:01 taysomoneyyy

Lisa has a credit card that charges 5% interest on a monthly balance. She buys a $120 bike and plans to pay for it by making monthly payments of $60. How many months will it take her to pay it off? Assume the first payment she makes is charged no interest because she paid it before the first bill.

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Lisa has a credit card that charges 5% interest on a monthly balance. She buys a $120 bike and plans...
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