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Emma just got a new credit card that offers both an introductory APR and a standard APR. If the standard APR is 14.9%, which of the following rates would most likely be the introductory APR?

Emma just got a new credit card that offers both an introductory APR and a standard APR If the standard APR is 149 which of the following rates would most likel class=

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Answer: 4.9 %

Step-by-step explanation:

Introductory APR means that the company will give you a lower interest rate at the beginning, to get you to spend more

Then , afte 1 year or so, they'll charge you standard APR, ao all you bought earlier and didn't pay for it, you'll pay higher interest to the bank

Answer: 4.9%

Step-by-step explanation:

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