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Mathematics, 21.12.2019 03:31 eborkins

Consumer
your friend wants to borrow $1,137.45 from you to pay off a credit card that charges a 14.7% apr. you agree to the loan but require your friend to pay you interest of 3.6% apr on the loan and your friend agrees.

how much interest does your friend save compared to the credit card at the end of the first month?

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your friend wants to borrow $1,137.45 from you to pay off a credit card that charges...
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