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The chart above compares credit card offers. What is the most significant drawback to Credit Card 1 relative to the other cards? (1 point)

Higher interest rate
Low limit
No rewards
Secured credit

User Simon Hume
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1 Answer

7 votes

Answer:

the most significant drawback to Credit Card 1 relative to the other cards is that it has a higher interest rate. The interest rate for Credit Card 1 is 15.99%, which is higher than the interest rates for Credit Card 2 (12.99%), Credit Card 3 (13.99%), and Credit Card 4 (14.99%). This means that Credit Card 1 will be more expensive to use than the other cards, as the interest charges will be higher. This is a significant drawback, as it will increase the overall cost of using the credit card.

Step-by-step explanation:

User MarcoK
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