![leonardoocampo4544](/avatars/8838.jpg)
leonardoocampo4544
09.12.2020 •
Mathematics
Tony wants to pay off his credit card balances within 12 months. He is trying to decide if he should use his $1,000 in
savings to pay off part of the balances or if he should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 7% but charges a balance transfer fee of $75 for each balance
transfer.
Evaluate Tony's options and recommend the debt management plan that would give him the lowest
monthly payment.
Credit Card A: $794
Credit Card B: $579
A. Pay off Credit Card B using the savings. Transfer the balance of Credit Card A to the new
card.
B. Pay off Credit Card A using the savings. Transfer the balance of Credit Card B to the new card.
C. Pay off $500 from both Credit Card A and Credit Card B.Transfer the remaining balances
from both cards to the new card.
D.Pay off all of Credit Card A, and $206 of Credit Card B. Transfer the remaining balance of
Credit Card B to the new card.
Solved
Show answers
More tips
- C Computers and Internet How to Download Videos from YouTube? Simple Steps to Download Any Content...
- S Style and Beauty Tricks and Tips: How to Get Rid of Freckles...
- H Health and Medicine How to perform artificial respiration?...
- C Computers and Internet How to Get Rid of Windows Genuine Check?...
- F Food and Cooking The Disease That Haunted Abraham Lincoln...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- S Style and Beauty How are artificial nails removed?...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- H Horoscopes, Magic, Divination How to Cast a Love Spell on a Guy? Guide for Guys...
- F Family and Home How to Properly Use a Water Level?...
Answers on questions: Mathematics
- M Mathematics The short-run macroeconomic model is very similar to the standard model for markets. in what ways are these two models different? a) slope of demand curve b) slope of supply...
- M Mathematics 4x^2-23x+28 factor please ??...
- M Mathematics What is the quotient of -60divided by 5...
- B Business At the beginning of the current fiscal year, the balance sheet for davis co. showed liabilities of $448,000. during the year, liabilities decreased by $25,200, assets increased...
- M Mathematics Skating tickets cost $7.95 for adults and $5.00 for students. The Mendes family buys 2 adult tickets and 1 student ticket. They also spend $10 at the concession stand for popcorn...
Ответ:
The answer is D
Step-by-step explanation:
Just took quiz i put B cause thats what quizlet said but they were wrong. The answer is D i promise you.
Ответ:
3 pounds for $4.05
step-by-step explanation:
1) 2.75 ÷ 2 = $1.375 per pound (not rounded off)
2) 4.05 ÷ 3 = $1.35 per pound
3) 5.60 ÷ 4 = $1.40 per pound
4) $1.36 per pound
the lowest number among the three options is the second one.