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answer all thr questions Written Assignment #2: Credit Card Teaser Rate You have a total credit card debt of $4000. You receive an offer to
answer all thr questions
Written Assignment #2: Credit Card Teaser Rate You have a total credit card debt of $4000. You receive an offer to transfer the debt to a new card with an introductory APR of 6% for the first 6 months. After that, the rate becomes 24%. (a) What is the monthly interest payment on $4000 during the first 6 months? Assume you pay nothing toward principal and don't charge any further amounts on the new card. (b) What is the monthly interest payment on $4000 after the first 6 months? Comment on the change from the teaser rate. Written Assignment #3: Misleadin&Advertisement Find an example of an advertisement that presents statistical information in a misleading way. Explain why you find the ad misleading. What additional information would be helpful? How could the information be presented in a more accurate way Step by Step Solution
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