Question: Requirements 1 In cell D 1 1 , by using cell references, calculate the monthly interest rate of the current credit card ( 1 pt
Requirements
In cell D by using cell references, calculate the monthly interest rate of the current credit card pt
In cell D by using cell references, calculate the interest payment on the current credit card pt
In cell D by using cell references, calculate the monthly interest rate of the new credit card pt
In cell D by using cell references, calculate the present value of the interest payments pt Notes: Use the Present Value of a Perpetuity equation from chapter
In cell D by using cell references, calculate the additional borrowing that you can make by switching to the new credit card pt
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