You just received a great advertisement in the mail to consolidate your debt. The advertisement indicated that you were approved for $8,000 at a rate of 7.75% for the first 2 years, then 21% thereafter. If you choose to move your debt (from question #4), you will be charged a one-time 3.5% transfer fee. Should you take the offer, why or why not? Give clear reasons and state clearly state all calculations.