Business, 27.11.2019 00:31 FlyingUnicorn123
Bradley clemons bradley currently has a visa card from his bank with the following terms: 21 percent on purchases, 25 percent on cash advances with a 3 percent cashminusadvance fee on the amount, and a default or penalty rate of 33 percent. his current statement shows a balance of $9,000. lately, he has been having a hard time paying more than the minimum payment of 3 percent of his balance. what is the current apy on this credit card if it is compounded monthly?
Answers: 3
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Bradley clemons bradley currently has a visa card from his bank with the following terms: 21 percen...
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