The following information is for solving Questions 66 to 75 Briar is planning to apply for a new credit card and is considering the following three choices. They are also planning to buy a $800 big screen television and plans to pay for this over a two-year period by making equal monthly payments. Credit Card MBNA True Line Master Card CIBC Select VISA Card American Express Essential Credit Card Annual Interest Rate 8.99% 13.99% 12.99% Annual Fee $39 $29 $0 Question 66 (1 point) What would be their monthly payments for using the MBNA True Line Master Card over a two-year period? $36.54 What would be his monthly payments for using the CIBC Select VISA card over a two-year period? $40.55 $38.41 $37.00 $39.84 $31.45 Question 68 (1 point) What would be his monthly payments for the American Express Essential Credit Card over a two-year period? $39.77 $36.75 $37.55 $41.25 Tony $38.03 Nuestion 69 11 noint) Question 69 (1 point) How much in interest charges would he pay using the American Express Essential Credit Card (Hint: Total Interest = (number of payments * amount of payments) - loan amount)? O$109.94 $98.93 $108.16 long $111.75 $112 71 How much in interest charges would he pay using the CIBC Select Visa card (Hint: Total Interest = (number of payments * amount of payments) - loan amount)? $120.45 $119.94 $119.10 O $121.76 $115.73 Ouestion 71 (1 nointi O B 20 21 Question 71 (1 point) How much in interest charges would he pay using the MBNA True Line Master Card (Hint: Total Interest - (number of payments * amount of payments) - loan amount)? $78.16 $75.75 $72.44 $77.06 $79.94 arch O BE E 19 B * 20 0 4) ENG FULL HD 1080 How much in total financing costs (interest costs and annual fees) for the CIBC Select Visa Card over the 2-year period (Hint: Total Financing Costs = Total Interest Costs + Total Annual Fees)? $179.76 $177.67 $178.45 $181.22 long $176.16 mastian 72/1 naint OPI B X 20 21 How much in total financing costs interest costs and annual fees) for the MBNA True Line Master Card over the 2-year period (Hint: Total Financing Costs = Total Interest Costs + Total Annual Fees)? $145.12 $156.16 $154.10 O $155.06 $162.75 Question 74 (1 point) 6 2010 ENG Question 74 (1 point) How much in total financing costs (interest costs and annual fees) for the American Express Essential Credit Card over the 2-year period (Hint: Total Financing Costs = Total Interest Costs + Total Annual Fees)? $100.54 $109.16 O $112.71 e $110.45 $111.94 7 II E B 20 21 ENG 82 871 ULL D-1080 Question 75 (1 point) Based on your above calculations, which credit card should Gregg apply for? O MBNA True Line Master Card O CIBC Select Visa O American Express Essential Credit Card They are all the same costs O II D N B * 20 21 080