Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

gus_bus_21

  • 3 years ago

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.)

  • This Question is Closed
  1. Agent_Sniffles
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    go to the mathematics group

  2. mathslover
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    @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.

  3. mathslover
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Refer to the following link for the code of conduct of OpenStudy : http://openstudy.com/code-of-conduct

  4. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy