2. Jessica saw that her local furniture store was having a massive New Years Day sale!! So,Jenny decided to buy $3,000 worth of furniture for her new house. She put the entire cost onher credit card, which has an APR of 23%. She is able to make monthly credit card payments of$1,200. If no additional purchases are made, how long will it take to pay off her credit cardbalance? How much interest will she pay?



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