Mathematics, 03.05.2021 01:40 karmaxnagisa20

You are going to transfer your credit card balance over to a new card. You have an existing balance of $1,267.09. Your current card charges you a transfer fee of 7.84%, added to your balance, for transferring your debt. The new card has an opening fee of $50, which is also added to your balance. You will also have to make an immediate minimum payment, which is 3.9% of your total balance. How much will your balance be after you make this payment, assuming that you only pay the minimum amount? Round all dollar values to the nearest cent.

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You are going to transfer your credit card balance over to a new card. You have an existing balance...