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Mathematics, 23.02.2020 13:01 bryce59
Credit card A has an APR of 19.3% and an annual fee of $84, while credit card B has an APR of 24.6% and no annual fee. All else being equal, which of these equations can be used to solve for the principal P for which the cards offer the same deal over the course of a year? (Assume all interest is compounded monthly.)
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Credit card A has an APR of 19.3% and an annual fee of $84, while credit card B has an APR of 24.6%...
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