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Mathematics, 29.07.2019 15:00 banna01man

Paul is going to buy a collectible vintage painting from the local art gallery. the painting is priced at $600 in the gallery. the gallery owner does accept credit cards but pefers cash. in fact, he offers to give paul a 5% discount if he can pay in cash. paul doesn’t have any cash but can get a cash advance on his credit card. his credit card has and apr f 16% in credit purchases and a 32% apr on cash advances. assuming paul wants to pay the painting off over 12 months, which of the following is true?

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