Question:
Edna transferred a balance of 1400 to a new credit card at
Last updated: 1/20/2024
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Edna transferred a balance of 1400 to a new credit card at the beginning of the year The card offered an introductory APR of 2 9 for the first 3 months and a standard APR of 22 1 thereafter If the card compounds interest monthly which of these expressions represents Edna s balance at the end of the year Assume that Edna will make no payments or new purchases during the year and ignore any possible late payment fees O A 1400 1 002 1 0221 OB 1400 100 1 0221 C 1400 1 0 029 2 0 221