Business, 10.12.2019 00:31 heathkid23

Melanie has a balance of $1700 on a credit card with an apr of 24.2%, compounded monthly. about how much will she save in interest over the course of a year if she transfers her balance to a credit card with an apr of 10.8%, compounded monthly? (assume that melanie will make no payments or new purchases during the year and ignore any possible late payment fees.)

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Melanie has a balance of $1700 on a credit card with an apr of 24.2%, compounded monthly. about how...

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