Question

QUESTION 1 of 10: Chandra likes her new credit card. She uses it whenever she can, but she's careful to stay below her credit limit. After two months she notices her credit card bill includes huge finance charges. She chose her card because it featured 0% APR, so she doesn't think she should have any finance charges at all. What is the most likely explanation for the finance charges on Chandra's bill

Answer 1

The introductory rate on the card is no longer in effect

Step-by-step explanation:

Since in the question it is mentioned that after two months she notices that the credit card bill involves the high finance charges but she select the car that have % APR so here the explanation should be with respective to the finance charges is that the introductory rate would have no impact on the credit card

Therefore the same is to be considered