Jameson has $4,300 in credit card debt with 14% interest that he wants to pay off in 24 months. He will need to make monthly payments of $206.46 each month. Calculate the total cos... Jameson has $4,300 in credit card debt with 14% interest that he wants to pay off in 24 months. He will need to make monthly payments of $206.46 each month. Calculate the total cost of repayment and the interest Jameson will pay.
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The question describes a scenario where Jameson has a credit card debt and wants to calculate the total cost of repayment and the total interest paid over 24 months, given the monthly payment amount.
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