Your credit card charges an APR of 29% on your balance. Interest is compounded on a daily basis, 365 days a year. If you made the minimum payment of $150 per month on your credit card balance, how long will it take you to pay off a $5,000 balance? Multiple Choice   5.82 years   2.98 years   9.56 years   35.73 years   6.61 years Show all the calculation steps and formulas if necessary

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