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Mathematics, 23.08.2019 05:30 girlysimbelieve

Today ned got a new credit card, and he made a purchase of $1100. the card offers an introductory apr of 0% for the first 3 months and a standard apr of 34.3% thereafter. if the card compounds interest monthly, how much money will the introductory apr save ned in interest over the first 3 months? (assume that ned will make no payments or additional purchases during the first 3 months, and ignore any possible late payment a) $442.65 b)$1197.05 c)$97.05 d)$1542.65

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