Which is the lower rate, You are considering two ways of

Which is the lower rate

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Reference no: EM13267709

You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 13% APR, compounded monthly, or borrow the money from youe parents, who want an interest payment of 6% every six months. which is the lower rate?

Reference no: EM13267709

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