How much can you borrow today on the new card without


You have credit card debt of $37, 500 that has an APR (monthly compounding) of 18% Each month you pay the minimum monthly payment You are required to pay only the outstanding interest You have received an offer in the mail for an otherwise identical credit card <

You can borrow $ on the new card without changing the minimum monthly payment you will be required to pay.

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Financial Management: How much can you borrow today on the new card without
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