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Business, 29.06.2019 13:30 ricardorendon100

Oliver just got a new credit card and immediately made a purchase for $2500. the card offers0% apr for the first 90 days and 17.99% apr afterward, compounded daily. oliver doesn't expect to pay off the 2500$ balance on the card for one year, nor does he expect to make any more purchases during the year. he wants to know how much money in interest the 0% apr for the first 90 days will save him. him calculate the answer. ignore late payment fees

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Oliver just got a new credit card and immediately made a purchase for $2500. the card offers0% apr f...
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