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How would the Highest interest rate to the Lowest credit card payment method apply a $1200 payment to a card with an outstanding balance of
How would the Highest interest rate to the Lowest credit card payment method apply a $1200 payment to a card with an outstanding balance of $2000 broken down as follows: Transaction Rate Balance Percentage Cash Advance 21% $500 25% Purchases 19.9% $500 25% Balance Transfer 4.99% $1000 50% Select one: a. $500 to Cash Advance $200 to Purchases and $500 to Transfer balance introductory rate b. $300 to Cash Advance, $300 to Purchases and $600 to Transfer balance Introductory rate c. $0 to Cash Advance, $200 to Purchases and $1000 to Transfer balance Introductory rate d. $500 to Cash Advance, $500 to Purchases and $200 to Transfer balance Introductory rate
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