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Mathematics, 05.04.2021 18:20 shwubblz

Edgar has a balance of $1590 on a credit card with an APR of 22.74%, compounded monthly. About how much will he save in interest over the
course of a year if he transfers his balance to a credit card with an APR of
18.49%, compounded monthly? (Assume that Edgar will make no payments
or new purchases during the year, and ignore any possible late payment fees.)

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Answers: 1

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Edgar has a balance of $1590 on a credit card with an APR of 22.74%, compounded monthly. About how...
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