Question

o 111:16 X You a cesiig two ways af feasaga sig bk acatice. You coud put t on your cedt card at 15% AR compoundind mon ar bon


A: I need the answers to the question in the black square.
B: I need clarification on how the answers where found (in the blue cells) What is the excel formula used to find the answer in the blue cells?

And Its better if you solve it in Excel sheet then upload the picture here

And here is a clearer picture if the first one not clear ⬇️

STCWTE all all & 31 11:53 STC X Problem 5-4 You are considering two ways of financing a spring break vacation. You could put

alll alll STC X Problem 5-4 You are considering two ways of financing a spring break vacation. You could put it on your credi

Here we are... a new more clear picture
Please help me

0 0
Answer #1

Credit Card APR 15% 0.15 Compounding Periods (m) APR/m 12 0.0125 Six-Month Rate 8% 0.08 Compounding Periods(m) 2 Effective An

Answer. You Should Choose to go with Your Credit card.

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