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Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month? A . 1.5% B . 1% C . 1.8% D . 18%
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Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?

A . 1.5%
B . 1%
C . 1.8%
D . 18%

User StackUser
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1 Answer

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Answer:

a. 1.5%

Step-by-step explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

User Athanatos
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