31.8k views
0 votes
Barney has a balance of $780 on a credit card with an APR of 31.3%, 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 19.1%, compounded monthly? (Assume that Barney will make no payments or new purchases during the year, and ignore any possible late-payment fees.). . A.$119.66. B.$445.14. C.$162.74. D.$282.40. . @countonme123 @eddy1120 @ganeshie8

2 Answers

3 votes

Answer:

$119.66

Step-by-step explanation:

APEX

User Gwyn Morfey
by
8.5k points
6 votes

$119.66 is the answer for apex

User Chris McKenzie
by
7.7k points