4. Comparing the Costs of Credit Cards. Bobby is trying to decide between two credit cards. One...
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4. Comparing the Costs of Credit Cards. Bobby is trying to decide between two credit cards. One has no annual fee and an 18 percent interest rate, and the other has a $40 annual fee and an 8.9 percent interest rate. Should he take the card that’s free or the one that costs $40? (Obj. 2)
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