Your friend wants to pay off his credit card with a balance of $880.00 and an interest rate of 16.65% apr by getting a loan from you. you agree to the loan, but insist your friend pay you interest of 3.25% apr. your friend agrees. how much interest does your friend save at the end of the first month by paying you instead of the credit card? a) $12.55 b) $11.12 c) $9.83 d) $19.78