APR

Captain America has been very responsible with his credit card. He uses AMERICAN EXPRESS card to pay most of his expenses. His credit rating is excellent, never missing any payments and always on time. His average monthly balance is $8,250. According to the terms of his credit card, his APR is 10.99% to 25.99% based on creditworthiness. Estimate the amount of interest he will pay for a year based on his average monthly balance.

• $75.63

• $907.50

• $1,526.25

• $2,145.00

Tony Stark, also known as Iron Man, has been spending a lot of money building new gadgets. He uses a VISA card to pay most of his expenses. His credit rating is poor, having missed many payments and not paying his entire balance. His average monthly balance is $25,550. According to the terms of his credit card, his APR is 10.99% to 25.99% based on creditworthiness. What is his interest rate?

• 10.99%

• 15.99%

• 18.50%

• 25.99%

Captain Marvel has been fairly good with her credit but sometimes falls behind in payments. She uses MASTERCARD to pay most of her expenses. Her credit rating is average, sometimes missing payments. Her average monthly balance is $11,750. According to the terms of her credit card, her APR is 10.99% to 25.99% based on creditworthiness. What is her interest rate?

• 10.99%

• 15.99%

• 18.50%

• 25.99%

Tony Stark, also known as Iron Man, has been spending a lot of money building new gadgets. He uses a VISA card to pay most of his expenses. His credit rating is poor, having missed many payments and not paying his entire balance. His unpaid October monthly balance is $12,425. According to the terms of his credit card, his APR is 10.99% to 25.99% based on creditworthiness. Estimate the amount of interest he will pay for October?

• $113.90

• $191.55

• $269.21

• $310.63

Captain Marvel has been fairly good with her credit but sometimes falls behind in payments. She uses MASTERCARD to pay most of her expenses. Her credit rating is average, sometimes missing payments. Her February monthly balance is $4,500. According to the terms of her credit card, her APR is 10.99% to 25.99% based on creditworthiness. Estimate how much interest she will pay for the month of February?

• $41.25

• $69.38

• $97.50

• $495.00

Captain America has been very responsible with his credit card. He uses AMERICAN EXPRESS card to pay most of his expenses. His credit rating is excellent, never missing any payments and always on time. According to the terms of his credit card, his APR is 10.99% to 25.99% based on creditworthiness. His unpaid January monthly balance is $6,235. Estimate the amount of interest he will pay for January?

• $28.58

• $51.96

• $57.15

• $96.12

Captain Marvel has been fairly good with her credit but sometimes falls behind in payments. She uses MASTERCARD to pay most of her expenses. Her credit rating is average, sometimes missing payments. Her average monthly balance is $5,175. According to the terms of her credit card, her APR is 10.99% to 25.99% based on creditworthiness. Estimate the amount of interest she will pay for a year based on her average monthly balance.

• $569.25

• $957.38

• $1,002.57

• $1,345.50

Captain America has been very responsible with his credit card. He uses AMERICAN EXPRESS card to pay most of his expenses. His credit rating is excellent, never missing any payments and always on time. His average monthly balance is $8,250. According to the terms of his credit card, his APR is 10.99% to 25.99% based on creditworthiness. What is his interest rate?

• 10.99%

• 15.99%

• 18.50%

• 25.99%

Tony Stark, also known as Iron Man, has been spending a lot of money building new gadgets. He uses a VISA card to pay most of his expenses. His credit rating is poor, having missed many payments and not paying his entire balance. His average monthly balance is $25,550. According to the terms of his credit card, his APR is 10.99% to 25.99% based on creditworthiness. Estimate the amount of interest he will pay for a year based on his average monthly balance.

• $2,810.50

• $4,726.75

• $6,643.00

• $7,665.00