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Shawn has a balance of $1200 on a credit card with an APR of 18.7%, 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
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Shawn has a balance of $1200 on a credit card with an APR of 18.7%, 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 12.5%, compounded monthly?

User Manuel G
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6.1k points

1 Answer

4 votes

Answer:

85.77

Explanation:

APEX

User Martin Josefsson
by
6.5k points
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