Respuesta :
APR stands for Annual Percentage Rate. It is the interest rate.
APR can be fixed pr can fluctuate. This fact affect a consumer's choice of which credit card to choose. With a fixed-rate card, the consumer knows what the interest rate will be from month to month, while a card with a variable rate can fluctuate.
APR can be fixed pr can fluctuate. This fact affect a consumer's choice of which credit card to choose. With a fixed-rate card, the consumer knows what the interest rate will be from month to month, while a card with a variable rate can fluctuate.
Answer;
B) Consumers would look for a card with a lower APR
Explanation;
-Credit card's interest rate is the price an individual pays for borrowing money. When dealing with credit cards, the interest rates are stated as an annual rate, that is known as the annual percentage rate (APR).
-On most credit cards, one can avoid paying interest on purchases if they pay their balances in full every month by the due date.
-APR or annual percentage rate may affect a consumer's choice of which credit card to choose because consumers would look for a credit card with a lower APR.