Today antoinette got a new credit card, and she made a purchase of $2700.
the card offers an introductory apr of 0% for the first 4 months and a
standard apr of 29.9% thereafter. if the card compounds interest monthly,
how much money will the introductory apr save antoinette in interest over
the first 4 months? (assume that antoinette will make no payments or
additional purchases during the first 4 months, and ignore any possible late
payment fees.)
a. $279.33
o
o
b. $927.66
c. $2979.33
d. $3627.66
o