Today Hugo got a new credit card and he made a purchase of

Last updated: 1/20/2024

Today Hugo got a new credit card and he made a purchase of 1400 The card offers an introductory APR of 0 for the first 5 months and a standard APR of 30 8 thereafter If the card compounds interest monthly how much money will the introductory APR save Hugo in interest over the first 5 months Assume that Hugo will make no payments or additional purchases during the first 5 months and ignore any possible late payment fees OA 1589 13 B 1897 59 C 497 59 D 189 13