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Business, 06.04.2021 15:10 lakeithiat1320

Imagine you put the $300 in a savings account earning 3.0% APR instead of using it to pay down your credit card as in Problem 3. What is the difference between the interest your
savings account would earn that month vs. the interest that would accrue on your credit card
that month if you didn't use the $300 to pay it down?

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