Answer:
The answer to your problem is, D. The second card is the better choice because the daily periodic interest on the first card is 0.041%, compared to 0.038% on the second card.
Explanation:
Our daily periodic rate is =
%
For the first card it can be represented as, ( daily periodic rate equaling )
= 0.041%.
For the second it can be represented as, ( daily periodic rate equaling )
0.038%. We know because it can be given.
Compare them; 0.041% > 0.038% ( by 0.003% )
Making Option D correct.
Thus the answer to your problem is, D. The second card is the better choice because the daily periodic interest on the first card is 0.041%, compared to 0.038% on the second card.