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Tasya [4]
3 years ago
10

Why is it important to compare the APR for credit cards?

Business
2 answers:
Mama L [17]3 years ago
4 0
It is important to find the lowest interest rate. <span>With credit cards, interest rate and APR can be used interchangeably, since there are typically no fees other than interest that are charged for borrowing money on a credit card.</span>
EastWind [94]3 years ago
4 0

The correct answer is B. To find the lowest interest rate

Explanation:

In finance, the Annual Percentage Rate or APR refers to the rate you are charged annually for "borrowing" money every time you pay for a service or product using credit. This rate is relevant for users of credit cards because the highest the APR the more money it cost to have a credit card and use it to pay for products and services. Due to this before getting a credit card it is important to compare the APR of different credit cards and in this way select the one that has the lowest interest rate.

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Funsters should increase the supply of its doll now before the other doll hits the market.

Explanation:

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Option A is the correct answer.

<h3>What is a federal reserve?</h3>

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When the federal reserves increase the money supply then the money supply curve moves in the right direction and when the federal reserve decreases the money supply then the money supply moves toward the left. This shows a direct relationship between the federal reserve and the money supply curve.

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