Question
You need money for school and decide to either accept on an offer from your credit card company Discover, or borrow from your bank, Bank
You need money for school and decide to either accept on an offer from your credit card company Discover, or borrow from your bank, Bank of America. Discover is offering you an APR of 15% compounded monthly or you can borrow from Bank of America at an APR of 15.5% compounded annually. Which alternative is more attractive?
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
