Question:

Credit card A has an APR of 26 2 and an annual fee of 30

Last updated: 1/20/2024

Credit card A has an APR of 26 2 and an annual fee of 30

Credit card A has an APR of 26 2 and an annual fee of 30 while credit card B has an APR of 27 1 and no annual fee All else being equal at about what balance will the cards offer the same deal over the course of a year Assume all interest is compounded monthly OA 26 18 OB 261 78 C 26 178 46 OD 2617 85