Eudora transferred a balance of 6400 to a new credit card at the of the year The card offered an introductory APR of 7 8 for the

Question

Eudora transferred a balance of 6400 to a new credit card at the of the year The card offered an introductory APR of 7 8 for the first 3 months and a standard APR of 26 5 thereafter If the card compounds interest monthly what will Eudora s balance be at the end of the year Assume that Eudora will make no payments or new purchases during the year and ignore any possible late payment fees O A 6525 61 OB 7790 35 C 8317 94 D 7943 25

Kunduz · Accepted Answer

Click to see the answer