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How much money will save

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Question 1: Julien's credit card charges an APR (annual percentage rate) of 18%. his credit card statement is monthly His bank savings account pays an interest rate of 3.6%,compounded monthly. If he withdraws 300 from his bank account to pay a credit card balance that would otherwise not be paid over the upcoming year, how much money he will save?

Reference no: EM132902995

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