asked 66.3k views
0 votes
Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?

A . 1.5%
B . 1%
C . 1.8%
D . 18%

1 Answer

0 votes

Answer:

a. 1.5%

Step-by-step explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

answered
User Athanatos
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.