Social Studies, 04.12.2020 21:30, mkcryer50
2. John spends $600 on a new credit card. The credit card has a limit of $1,000 with a $35 late fee, $35 over-limit fee, a 0% introductory APR for 12 months, and, after the introductory period, a 19.9% APR on purchases. If John does not use the card to purchase anything else, how much must he pay every month during the first year to avoid any fees? If he ends up with a balance of $30 after the first year, what charges will apply?
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2. John spends $600 on a new credit card. The credit card has a limit of $1,000 with a $35 late fee,...
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