cherry12345627
02.02.2020 •
Mathematics
Justin has a credit card with a limit of $1,000 and an introductory apr of 0% for six months. after that the, apr for purchases is 22.9%. the apr for cash advances is 24.9%. the penalty apr is 29.4%. the annual fee is $39, the late payment fee is $35, and the over limit fee is $29. justin obtains $350 from an atm using his credit card. which of the following aprs apply to his account?
select the best answer from the choices provided.
a. 24.9%
b. 22.9%
c. 29.4%
d. 0%
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Ответ:
APR for first six months = 0%
APR for purchases after the 1st six months = 22.9%
APR for cash advances = 24.9%
APR for penalties = 29.4%
Obtaining $350 from an ATM using his credit card is a form of Cash Advances. So, the APR for this transaction is 24.9% Choice A.
Ответ:
Associative properties of multiplication