Ask Question
BusinessBusiness
7 March, 19:03

What does the annual percentage rate on a credit card determine?

+3
Answers (1)
  1. 7 March, 19:29
    0
    A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate, called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What does the annual percentage rate on a credit card determine? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Weston's uses stralght-line depreclation to zero over a project's life. A new project has a fixed asset cost of $2,687,300 and projected annual net Income of $95,000, $162,000, $286,000, and $304,000 over Years 1 to 4.
Answers (1)
Alden Trucking Company is replacing part of its fleet of trucks by purchasing them under a note agreement with Kenworthy on January 1, 2019.
Answers (1)
If retail stores experience a decrease in revenues during this holiday season, then either attitudes toward extravagant gift giving have changed or prices have risen beyond the level most people can afford.
Answers (1)
Terral prime, an auditing firm, purchases a management information system called alpha duo. most of terral's employees are unfamiliar with the functional aspects of alpha duo, and management decides to approach external trainers to train its
Answers (1)
Which incentives do interest groups engage in to overcome the free rider problem? a. special discounts b. subscription to a magazine c. access to special information on the Internet d. All of these are correct
Answers (1)
New Questions in Business
Natalie has an easement to drive across Donald's road. Which of the following circumstances would terminate this easement? A. Sale of Natalie's propertyB. Sale of Donald's propertyC. Revocation of the easement by DonaldD.
Answers (1)
In a basic AD-AS model, if the economy is at the equilibrium on the far left of the potential real output level, then a contractionary monetary policy will
Answers (2)
What is the most common work-related hazard for a room attendant
Answers (1)
What may happen if the threaded heating element in percolator is not very tightly mounted
Answers (1)
Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360.
Answers (1)
Home » Business » What does the annual percentage rate on a credit card determine?
Sign Up Forgot Password?