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shepherd shepherd
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8 years ago
John is considering pursuing one of two credit cards. Credit card "A" has no annual fee and charges an interest rate of 12.5%. Credit card "B" has an annual fee of $45 but charges an interest rate of 9%. If John is likely to have an average credit card balance of $2,000, the lowest annual expenses John could have with one of these two cards would be
A) $240.      B) $250.      C) $225.      D) $180.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
You really helped me with my business course, thank you!
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#3
8 years ago
Cool! Remember to mark it solved when you get a chance
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