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4 7 3 Quiz Credit card A offers an introductory APR of 4 1 for...

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4 7 3 Quiz Credit card A offers an introductory APR of 4 1 for standard APR of 18 5 thereafter while credit card B offers an introductory APR of 3 7 for the first 3 months and a standard APR of 18 9 thereafter All else being equal which of these statements is correct Assume all interest is compounded monthly OA Credit card B is the better deal over the course of the first 3 months and over the course of the first year OB Credit card B is the better deal over the course of the first 3 months but credit card A is the better deal over the course of the first year C Credit card A is the better deal over the course of the first 3 months and over the course of the first year

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