Mary's credit card situation is out of control because she
cannot afford to make her monthly payments. She has three credit
cards with the following loan balances and APRs: Card 1,
$4,700, 19%; Card 2, $5,500, 23%; and Card 3, $3,100,
17%. Interest compounds monthly on all loan balances. A credit
card loan consolidation company has captured Mary's attention by
stating they can save Mary 24% per month on her credit card
payments. This company charges 15.5% APR. Is the...