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gus_bus_21

Harold has a balance of $2200 on a credit card with an APR of 31.3%, compounded monthly. About how much will he save in interest over the course of a year if he transfers his balance to a credit card with an APR of 19.1%, compounded monthly? (Assume that Harold will make no payments or new purchases during the year, and ignore any possible late payment fees.)

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  1. Agent_Sniffles
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    go to the mathematics group

    • one year ago
  2. mathslover
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    @gus_bus_21 Welcome to OpenStudy . Please post this in Mathematics group. you can either go directly to mathematics group by clicking on the link : http://openstudy.com/study#/groups/Mathematics or go to the Find more subjects just right to the fans option , search for mathematics group and post it there.

    • one year ago
  3. mathslover
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    Refer to the following link for the code of conduct of OpenStudy : http://openstudy.com/code-of-conduct

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