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GoodMad_ GoodMad_
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7 years ago
You keep an average outstanding balance on your credit card of $1,000. Your present credit card has an annual premium of $25 and 18% APR on the outstanding balance. Given the following list of annual premiums, what is the maximum amount you would be willing to pay for a credit card that had a 15% APR?
A) $70
B) $50
C) $100
D) $90
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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GoodMad_ Author
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#2
7 years ago
Such a smart group of people this forum has

thx
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