Debt management
practice active
brandon has two credit cards and would like to consolidate the two balances into one balance on the card with the lower
interest rate. the table below shows the information about the two credit cards brandon currently uses
amount
apr
monthly payment
card a
$957.00
11%
$18.22
card b
$1,476.12
15%
$31.21
after 6 years, approximately how much will brandon have saved in interest by consolidating the two balances?
a $224.64
b. $935 28
c. s901.20
d. $145 44
select the best answer from the choices provided