Horatio transferred a balance of $2600 to a new credit card at the beginning
of the year. the card offered an introductory apr of 4.3% for the first 5
months and a standard apr of 13.7% thereafter. if the card compounds
est monthly, which of these expressions represents horatio's balance at
the end of the year? (assume that horatio will make no payments or new
purchases during the year, and ignore any possible late payment fees.)
o a. (92000)|10022(0137)
o b. (1980)_000)*(1 + 01327
o c. (520)/1,0063)" (140 497)
o d. (52600)/1+0.043 ) (1 +0.137
0.043
1+ -