You Are Considering Applying for One of Two Credit Cards

question 36

Multiple Choice

You are considering applying for one of two credit cards. Credit card "A" has an annual fee of $30 and charges interest of 10%. Credit card "B" has no annual fee, but charges an interest rate of 15%. If you carry an average balance of $500 on your credit card, the lowest total annual expenses you could have with one of these two credit cards would be

• A) $50.
• B) $80.
• C) $75.
• D) $90.

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Definitions:

Partial-Birth Abortion

Partial-birth abortion is a non-medical term used to describe a procedure known in medical terms as intact dilation and extraction (D&X), which is a late-term abortion method.

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False or inaccurate information that is spread unintentionally, often without malicious intent.

Embryo

An early stage of development in multicellular organisms, in humans, it refers to the period from fertilization until the end of the eighth week of gestation.

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Knowledge derived from the scientific method, including observations, experiments, and reasoning, characterized by its reliability and objectivity.