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olga2289 [7]
9 months ago
14

Do interest rates matter for credit cards?

Business
1 answer:
gregori [183]9 months ago
3 0

Credit cards can cost you money if you don't pay your bills on time because the interest rates charged by lending organisations have a significant negative influence on both your personal finances and credit score.

The best credit card APR is one that is around 10%, but you might need to visit your neighbourhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favourably by the Federal Reserve, which monitors credit card interest rates. If you settle your bill in whole each month, APR is irrelevant. It doesn't matter whether your credit card has a 10 percent or 25 percent interest rate.

To learn more about interest rates., click here.

brainly.com/question/13324776

#SPJ4

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A) 8 percent.

Explanation:

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A bond coupon rate represents its yearly earnings. However, most bonds will pay the interest twice per year. The bond issuer pays the bondholder regular and fixed interest until the bond matures. The coupon rate determines the bond's profitability. A bond with a higher coupon rate is more attractive to investors.

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2 years ago
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Answer:

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hope this helps! :)

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