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(Solved) : Your Plan Is To Make A 1 000 Payment In November Make A 1 000 Payment In December An 5993753

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Your plan is to make a $1,000 payment in November, make a $1,000 payment in December, and pay off the remaining balance in January. All your payments will be received and posted on the 10th of each month. No other charges will be made on the account. a. Based on this information, calculate the…

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Your plan is to make a $1,000 payment in November, make a $1,000 payment in December, and pay off the remaining balance in January. All your payments will be received and posted on the 10th of each month. No other charges will be made on the account. a. Based on this information, calculate the interest charged by each card for this purchase. b. Which card is the better deal and by how much?

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