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7 March, 14:33

You just turned 18, and you can get your own credit card. But, because you are a young person with no credit history your interest rate will be relatively high at 26%. If your parents put you on their credit card account, your interest rate will be much lower at 16%. If you buy a new HDTV for $695. what would the difference be between the two cards over 8 months?

a) $16.25

b) $26.50

c) $27.80

d) $46.33

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Answers (2)
  1. 7 March, 14:47
    0
    The answer will be D.
  2. 7 March, 14:58
    0
    The answer is D $46.33
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