franklinn5411 franklinn5411

24-05-2018
Mathematics

contestada

You owe $1,534.09 on a credit card that has an interest rate of 15.7% APR. You decide to put $250.00 into a savings account earning a 3.5% APR and another $500.00 toward the credit card at the beginning of the month. What is the difference in interest saved at the end of a full month between this decision and if you had paid the entire $750.00 toward the credit card?

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nikol2003w21 nikol2003w21

18-12-2020

Answer: $2.54

Step-by-step explanation: I had it on a test. Honestly I can't explain it, but this is definitely the correct answer.

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