Question: Jarrod has narrowed his choice to two credit cards that
Jarrod has narrowed his choice to two credit cards that may meet his needs. Card A has an APR of 21%. Card B has an APR of 14%, but also charges a $ 25 annual fee. Jarrod will not pay off his balance each month, but will carry a balance forward of about $ 400 each month. Which credit card should he choose?
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