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shepherd shepherd
wrote...
Posts: 2986
8 years ago
You are considering applying for one of two credit cards. Credit card "A" has an annual fee of $30 and charges interest of 10 percent. Credit card "B" has no annual fee, but charges an interest rate of 15 percent. If you carry an average balance of $500 on your credit card, the lowest total annual expenses you could have with one of these two credit cards would be
A) $80.      B) $75.      C) $90.      D) $50.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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Posts: 2938
8 years ago
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shepherd Author
wrote...
8 years ago
You really helped me with my business course, thank you!
wrote...
8 years ago
Let me know if you need anymore help
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