Question

Penalty apr is interest that applies to the balance if___.
Select The best answer from The choices provided.
A. payments are on time
B. Payment are late
C. Purchase are not made in the introduction period.
D. Purchase are made after the introduction period.

Answer 1

It’s c because purchase are not made in the introduction period

Answer 2

Hi D. Is your answer penalty APR happens when you buy something after the lower percentage introductory rate.