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OpenStudy (anonymous):
@ehuman @jim_thompson5910 @emma97 Melanie has a balance of $1700 on a credit card with an APR of 24.2%, compounded monthly. About how much will she save in interest over the course of a year if she transfers her balance to a credit card with an APR of 10.8%, compounded monthly? (Assume that Melanie will make no payments or new purchases during the year and ignore any possible late payment fees.) A. $202.61 B. $267.28 C. $152.51 D. $314.28 @poopsiedoodle @wolfe8 @ehuman @e.mccormick @Grazes
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OpenStudy (anonymous):
i got 227.8, but it is not in the choice
OpenStudy (anonymous):
how did you get that
OpenStudy (anonymous):
|dw:1382485578731:dw|
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