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sadyou have a unpaid balance of $100.00 on a credit card you plan to pay it off in 12 months you get charged 9% interest per year you transfer balance to your card that charges only 7% interest per year and plan to pay off your balance in 6 months what is the total charge for interest

Guest Mar 7, 2017
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 #1
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so, you have 100*(1+(0.07/2))  and that should be about 103.5.

RinaC  Mar 7, 2017
 #2
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Get a new credit card, perhaps.

Guest Mar 7, 2017

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