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, ​$​, ​%; Card​ 2, ​$​, ​%; and Card​ 3, ​$​, ​%. Interest compounds monthly on all loan balances. A credit card loan consolidation company has captured​ Mary's attention by stating they can save Mary ​% per month on her credit card payments. This company charges ​% APR. Is the​ company's claim​ correct? Assume a ​-year repayment period.