Ask your own question, for FREE!
Business Skills 68 Online
OpenStudy (mannygreen_10):

credit card a offers an introductory apr of 7.6 % for the first 3 months and a standard apr of 23.4% thereafter, while credit card b offers introductory apr of 7.9% for the first 3 months and a standard apr of 23.9% thereafter. all else being equal, which of these statements is correct? ( Assume all interest is compounded monthly.) A. Credit card A is the better deal over the course of the first 3 months, but credit card B is the better deal over the course of the first year. B. Credit card B is the better deal over the course of the first 3 months, but credit card A is the better deal over

OpenStudy (mannygreen_10):

Cont. the first year C. Credit card B is the better deal over the course of the first 3 months and over the course of the first year. D. Credit card A is the better deal over the course of the first 3 months and over the course of the first year

alones (alones):

Which one do you think?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!