Mary's credit card situation out of control because she cannot afford to make her monthly payments She has three credit cards with the following loan balances and APRs: Card 1, $4,700, 20%; Card 2 $5,500, 23%; and Card 3, $3,400. 16%. Interest compounds monthly on all loan balances. A credit card loan consolidation company has captured Mary's attention by stating they can save Mary 25% per month on her credit card payments. This company charges 16.5% APR. is the company's claim correct? Assume a 10-year repayment period. Mary's current minimum monthly payments are Round to the nearest cent)