Credit card with no annual fee


If you've a credit card with no annual fee and 18% annual rate (simple interest), and you've a balance of $3000, how much would you save over the course of year if you switched to another card that charged the $25 annual fee, and 4% transaction fee to transfer your balance, at a 8% annual rate for one year?

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Basic Statistics: Credit card with no annual fee
Reference No:- TGS0873939

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