Ask Question
27 September, 09:20

Marcia 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 Marcia currently uses. Card A Card B Amount $1,389.47 $1,065.32 APR 16% 12% Monthly Payment $39.38 $28.05 After 4 years, approximately how much will Marcia have saved in interest by consolidating the two balances? a. $1,890.24 b. $133.92 c. $543.84 d. $1,346.40

+5
Answers (1)
  1. 27 September, 11:34
    0
    Based on the given table and information above about Marcia's two credit cards, after 4 years, the approximate amount that Marcia will have saved in interest by consolidating the two balances is $133.92. The answer for this would be option B. Hope this answers your question.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Marcia has two credit cards and would like to consolidate the two balances into one balance on the card with the lower interest rate. The ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers