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Mathematics, 09.04.2020 02:06 lyndsayfaulkner7490

Credit card A is running a promotion where they will charge 0% interest for the first year, and then 0.8% interest compounded continuously after that. Credit card B has an interest rate of 0.7%, also compounded continuously. If you are going to make a $500 dollar purchase and plan to not make a single payment for 2.5 years, which credit card would you go with? Explain for answer in 1-2 sentences.

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