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7 You purchase a new stereo at a local electronics store and decide to pay using your credit card. You plan to pay off this

7
  1. You purchase a new stereo at a local electronics store and decide to pay using your credit card. You plan to pay off this debt within a year. Choose the best credit card choice from the following offers.
  2. 22% interest
  3. 29% interest
  4. 0% interest for 1 year and 12% interest after that
  5. 6% interest

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