Mathematics
Mathematics, 20.04.2021 06:10, Cocco

3. Two competitive banks offer credit cards. Bank X charges 1.4% per month on the unpaid balance and no annual fee. Bank Y charges 1.1% per month with an annual fee of $60. Suppose your
average unpaid balance is $600. Which bank's card is the better choice for you?

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3. Two competitive banks offer credit cards. Bank X charges 1.4% per month on the unpaid balance a...

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