kaylabaalke kaylabaalke

07-12-2022
Mathematics

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Credit card A has an APR of 18.9% and an annual fee of $40, while credit
B has an APR of 19.7% and no annual fee. All else being equal, at
card
about what
balance will the cards offer the same deal over the course of a year? (Assume
all interest is compounded monthly.)

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