Mathematics, 20.02.2021 09:10 sweatsierra

Brandon has two credit cards and would like to consolidate the two balances into one balance on the card with the lower interest rate. The table below shows the information about the two credit cards Brandon currently uses. Card A Card B
Amount Amount
$957.00 1476.12
APR APR
11% 15%
Monthly Payment Monthly payment
$18.22 31.21

After 6 years, approximately how much will Brandon have saved in interest by consolidating the two balances?
a.
$224.64
b.
$935.28
c.
$901.20
d.
$145.44

Answers: 2

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Brandon has two credit cards and would like to consolidate the two balances into one balance on the...