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Look at these two competing credit card offers: table [ [ Offer A , Offer B ] , [ table [ [ $

Look at these two competing credit card offers:
\table[[Offer A,Offer B],[\table[[$120 annual fee],[0% interest for the first year (22% interest],[thereafter)],[Extra travel miles],[0.5% interest on CashAdvance],[Discount on travel insurance],[$300 free credit when signing up],[21 day grace period],[No minimum payment]],\table[[No annual fee],[18.99% interest rate],[3.8% interest on CashAdvance],[21day?() grace period],[Minimum payment of $10 or 2% of balance],[$50 penalty charge for missing a payment]]]]
a. Describe a situation where Offer A would be a better deal and a situation where Offer B would be a better deal.
b. Suppose you charge $1200 to one of these cards. Assuming that interest is compounded monthly, under which card would you be better off if you don't pay anything ...
i. For 6 months
ii. For 1 year
iii. For 3 years
c. Show your calculations and any assumptions you made for your answer to part (b).
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