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Credit card A has an APR of 15.8% and an annual fee of $72, while credit card b has an Apr of 19.6% and no annual fee.

Credit card A has an APR of 15.8% and an annual fee of $72, while credit card b has an Apr of 19.6% and no annual fee.
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credit card A has an APR of 15.8% and an annual fee of $72, while credit card b has an Apr of 19.6% and no annual fee.

asked
User Mike Stonis
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7.8k points

1 Answer

6 votes
p(1+ 0.58/12)^12+72= p(1+0.196/12)^12
answered
User Patrick Trentin
by
7.3k points
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