You are considering two ways of financing a spring break, Financial Management

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You are considering two ways of financing a spring break

You are considering two ways of financing a spring break vacation. You could put it on your credit? card, at 15% APR, compounded? monthly, or borrow the money from your? parents, who want an interest payment of 6% every six months. Which is the lower? rate?

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Financial Management: You are considering two ways of financing a spring break

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Financial Management: You are considering two ways of financing a spring break

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