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3. Beverly transferred a balance of $2250 to a new credit card at the beginning of the year. The card offered an introductory APR of

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3. Beverly transferred a balance of $2250 to a new credit card at the beginning of the year. The card offered an introductory APR of 3.6% for the rst 3 months and a standard APR of 28.8% for the rest of the year. Beverly made no payments or new purchases during the year, and she wasn't charged any late payment fees. The credit card compounds interest monthly. Help Beverly gure out how much money the introductory APR saved her over the course of the year. {5 points: Part | - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point; Part V - 1 point) Part I: What was Beverly's balance at the end of the introductory period

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