Mabel just got a new credit card that offers both an introductory APR and a standard APR. If the standard APR is 15.5%, which of the following rates would most likely be the introductory APR?

A. 15.5%
B. 25.5%
C. 35.5%
D. 5.5%

@DebbieG

Question

Mabel just got a new credit card that offers both an introductory APR and a standard APR. If the standard APR is 15.5%, which of the following rates would most likely be the introductory APR?

 		A.	15.5%
 		B.	25.5%
 		C.	35.5%
 		D.	5.5%

@DebbieG

debbieg · Answer

What do you think?

The introductory APR would be to entice someone to open that account - give them a "break" on the interest rate for the first few months.

So which of those APR's might do that?

debbieg · Answer

As compared to the standard APR of 15.5%  (after they are all done giving you a break!)

anonymous · Answer

so its 15.5

anonymous · Answer

no 5.5