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
$1,463.82 $1,157.98
APR
13% 17%
Monthly Payment
$24.60 $22.14
After 8 years, how much will Brandon have saved in interest by consolidating the two balances?
a. $581.76
b. $194.40
c. $256.32
d. $325.44
2 answers:
Answer:
(C) $256.32
Step-by-step explanation:
The correct answer is <span>c. $256.32.</span>
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